According to @KobeissiLetter, Bitcoin (BTC) is surging toward $93,000, source: @KobeissiLetter. Roughly $75 million in leveraged short positions were liquidated within 60 minutes, indicating a liquidation-driven move that supports near-term upside momentum, source: @KobeissiLetter. BTC is up nearly $5,000 from its Friday night low after the US began strikes on Venezuela, as cited in the post, source: @KobeissiLetter.

According to The Kobeissi Letter, Bitcoin (BTC) surged above $91,000 as more than $60 million in leveraged short positions were liquidated within one hour, per the same source. The Kobeissi Letter also reported that BTC is up roughly $3,000 from the lows seen after the United States began strikes on Venezuela last night.