Bitcoin shorts just hit their most extreme level in years as BTC defiantly holds above $70k
Bitcoin derivative traders are increasingly positioning for further downside rather than a clean bounce as the leading cryptocurrency continues to trade in a tight range below $70,000. According to CryptoSlate's data, BTC price bottomed at $65,092 during the last 24 hours but has since recovered to $66,947 as of press time.
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