Bitcoin Tops $69,000 as $100 Million in Short Positions Are Liquidated in 90 Minutes

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Summary

About $100 million of cryptocurrency short positions were liquidated over the past 90 minutes.
Large short liquidations occurred as Bitcoin (BTC) reclaimed the $69,000 level.
Bitcoin was trading at $69,172.21, up 2.86%% from a day earlier.

Forecast Trend Report by Period

Bitcoin (BTC) reclaimed the $69,000 level, triggering a large wave of short liquidations.

Watcher.Guru reported on June 5 that about $100 million of cryptocurrency short positions were liquidated over the past 90 minutes.

Bitcoin extended its advance after breaking above $69,000. As of June 6 Korea time, it was trading at $69,172.21, up 2.86% from a day earlier, according to CoinMarketCap.