Bitcoin reclaimed above the $70,000 psychological level on Monday, testing levels last seen in March. The move caught traders off-guard, especially the naysayers, blowing tens of millions in positions out of the water. Bitcoin Briefly Tests $70,000, Liquidates Over $70 Million Short Positions The move above $70,000 lasted only briefly, with the pioneer crypto trading for $69,743 as of this writing after recording an intra-day high of $70,283 on the Binance exchange. Bitcoin Price Performance