Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis

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Bitcoin price spike to .5K was ‘low-volume liquidity trap’: Analysis

Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis

Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.

Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals.

Key points:

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