<ul><li>Bitcoin is approaching several important price levels that could trigger a significant short squeeze.</li><li>The first key level to watch is $66,200, which could result in $10 billion worth of short positions being liquidated.</li><li>If Bitcoin continues to climb, additional liquidation levels at $70,300 and $72,578 could lead to further forced buybacks.</li><li>Recent market trends show an increase in Bitcoin's Open Interest and periodic spikes in exchange inflows, indicating increased trading activity.</li></ul>

Bitcoin Approaches Multiple Liquidation Levels: Potential for Upward Price Movement

Discover more