CryptoBullishU.Today · Apr 76/10
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Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses
Bitcoin briefly touched $69,550 in a 3.30% rally that liquidated over $276 million in leveraged positions, with short sellers bearing the majority of losses at $188 million. Despite the surge, Bitcoin remains 45% below its all-time high of $126,000 and continues struggling to break through the $70,000 resistance level it has failed to hold six times since February.
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