<ul data-eligibleForWebStory="false"><li>Around $1 billion has been liquidated in the crypto market, with $658 million coming from Bitcoin shorts, due to Bitcoin's run to $118k and overall market rally.</li><li>Analysts predict Bitcoin could rally to between $130k and $168k, with signs indicating a breakout to an all-time high could occur soon.</li><li>Bitcoin's surge led to a notable liquidation of short positions, causing a shift in sentiment within the market, but analysts suggest an upcoming rally.</li><li>Ethereum also experienced a surge in price, with predictions ranging from $130k to $168k for Bitcoin and potential outcomes for Ethereum reaching $10k or even $4k.</li></ul>

Bitcoin $118K ATH Wipes Out $1 Billion in Shorts Across Crypto, $658M in BTC

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