$BTC Shorts taken out twice as price moved towards $63K+ on July 4th.



Classic short squeeze, price grinds higher into a level everyone's shorting until forced covering does the rest.

Now the question is whether $62.6K (Weekly 200MA) holds as support or if this was just liquidity getting cleared before rolling over again.

$BTC
{spot}(BTCUSDT)
BTC1.23%
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GateUser-e52d7072
· 8h ago
Ape In 🚀
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