Bitcoin: Short Seller Liquidated on $68K Breakout
Bitcoin at $68585.61 liquidates $117M short position for $2.92M loss as RSI hits 85.25 overbought on 4h chart.
SourceAnalysis
Bitcoin pierced $68,000 and erased a $117 million short held by address 0x8c96e5a2d770f9f2c9d2464ce4e741df0b2bca57, forcing full liquidation and a final $2.92 million loss.
Price now sits at $68585.61 above the upper Bollinger band at $67507.65 while RSI(14) prints 85.25, confirming overbought conditions; the bullish MACD golden cross at 862.54 and EMA50 support at $64249.92 suggest a probable retracement before continuation, shaping near-term BTC price prediction models amid elevated volatility.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references
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