Bitcoin: Rallies Above $60K, $100M Shorts Liquidated
Bitcoin surges past $60256 as $100M shorts liquidate in four hours; 4h chart shows EMA50 resistance at $60436.54 with neutral RSI 54.48.
SourceAnalysis
Bitcoin surges past $60,000 and wipes out $100,000,000 in shorts within four hours.
At $60256.01 price tests upper Bollinger resistance of $60812.53 while the EMA50 at $60436.54 caps upside and the EMA200 at $65293.93 remains distant overhead. MACD golden cross signals building momentum yet RSI at 54.48 stays neutral inside the bands, leaving lower support at $58252.91 as the next logical magnet before any sustained continuation.
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