Bitcoin Weekly Liquidations ‘Insane’ as Price Passes $65,000 on Oil Weakness
Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves. Key points: Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading. Traders’ targets include a move toward $70,000 next. Liquidations are described as “completely insane” as both long and short BTC positions…