Bitcoin Soars Above $18,000, Over $200M Shorts Liquidated

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Bitcoin Soars Above $18,000, Over $200M Shorts Liquidated
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Bitcoin's price increased above $18,000, liquidating over $200 million worth of leveraged short positions.

Bitcoin’s price increased above $18,000, liquidating over $200 million worth of leveraged short positions.

Bitcoin’s price has been performing quite well throughout the past week after weeks of prolonged consolidation. At the time of this writing, it increased above $18,000 for the first time since December 14th. BTC soared above $18,000, reaching as high as $18,370 in Thursday’s early morning EU trading session.Source: TradingViewThis left a lot of short positions liquidated. In fact, over $200 million worth of leveraged shorts was liquidated in the past 24 hours alone,

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