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. This continues a weeklong […]