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2025-05-20 18:31:39

tzongocu on Nostr: 📰 News Alert... 🔖 Title: Bitcoin Ready to 'Vaporize' Shorts as Price Discovery ...

📰 News Alert...

🔖 Title: Bitcoin Ready to 'Vaporize' Shorts as Price Discovery Nears $110K
🗓️ Published: 2025-05-20T21:31:35+03:00
📄 Summary: Bitcoin is on the verge of significant market movement, potentially setting a record monthly close above $102,400 and paving the way for a price discovery phase if it breaches $110,000. With more than $3 billion in short positions at risk, analysts are noting a "liquidation magnet" just above $107,000, which could propel BTC towards higher prices. Current volatility suggests a historical bullish pattern, reminiscent of prior surges, particularly during the 2017 market rally.
🔗 [Read more here](https://cointelegraph.com/news/bitcoin-ready-to-vaporize-shorts-once-price-discovery-above-110k-begins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

🗞️ Source: Cointelegraph by Biraajmaan Tamuly
💓 #CryptoMarket #BitcoinBullRun #InvestmentInsights
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