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Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data

cryptoweekly by cryptoweekly
June 8, 2025
in bitcoin, News
0

Bitcoin traders eye key levels to hold and reclaim into the weekly close, but the chances of a major liquidity grab are growing.

Key points:

Bitcoin is working on completing a “successful” support retest as trader bets increase prior to the weekly candle close.

BTC price volatility is expected as liquidity analysis shows that conditions favor a significant short squeeze.

Read more

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Recent Posts
  • GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
  • Cycles eyes sustainable crypto credit after 2022 liquidity crisis
  • Bitcoin price stabilizes and rallies amid regional conflicts, data shows
  • Coinbase is seeking SEC approval for ‘tokenized equities’ — Report
  • Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
  • The crypto fund domicile decision: EU or the UK?
  • How Michael Saylor’s Strategy became the largest Bitcoin holder

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