There will be a mass liquidation of short positions on bitcoin if it overcomes the current resistance. After an impressive rise of more than 40% in January, Bitcoin continues to consolidate in the $23,000 area. According to the cryptocurrency screener Cryptovizorwhich determines the market price of BTC/USD based on the results of trading on the largest spot exchanges, the current maximum price of the asset on January 21 corresponds to $23,467. 12 hour bitcoin chart. Source: Cryptovizor Market players are divided as to what comes next, with many expecting a sharp correction and fresh lows at or below $15,000 after
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Author: NixCoin