Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. Related Reading: XRP Eyes $8.30 Target As Rare Chart Pattern Emerges From Prolonged Decline That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of strain rather than conviction.
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