Bitcoin poised again hit to 74k on this time buyers can make B$

17 Mar

price revisited the $64,800 level, dipping below $65,000, for the first time since March 6, on Binance. BTC’s price correction was a significant one as it liquidated several long and short positions in derivatives markets. 
While $125 million in long positions were liquidated, $27.68 million in shorts were crushed by the asset’s recovery, according to CoinGlass data. While Bitcoin price corrected to the $66,000 level last week, meme coins likely gained from capital rotation