Bitcoin clears $86,000 as $1B in shorts liquidated again – battle now shifts to $90k
Bitcoin’s break above $86,000 has cleared a major pocket of bearish leverage and put $90,000 back in traders’ sights. The largest cryptocurrency climbed as high as $87,363 over the past 24 hours, its strongest level since January, before easing to $85,824 at press time, CryptoSlate data show. The advance pushed Bitcoin through a zone that […] The post Bitcoin clears $86,000 as $1B in shorts liquidated again – battle now shifts to $90k appeared first on CryptoSlate.
Key Takeaways
- Bitcoin’s break above $86,000 has cleared a major pocket of bearish leverage and put $90,000 back in traders’ sights.
- The largest cryptocurrency climbed as high as $87,363 over the past 24 hours, its strongest level since January, before easing to $85,824 at press time, CryptoSlate data show.
- The advance pushed Bitcoin through a zone that […] The post Bitcoin clears $86,000 as $1B in shorts liquidated again – battle now shifts to $90k appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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