Bitcoin tops $72K after $280M liquidation targets bears: Will the ‘fragile truce’ hold?

Bitcoin and global markets rallied after the US and Iran announced a ceasefire, but data show BTC bears have not closed most of their positions yet. Read More at https://cointelegraph.com/news/bitcoin-tops-dollar72k-after-dollar280m-liquidation-targets-bears-will-the-fragile-truce-hold?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin demand returns, giving bulls fuel to turn $72K to support

Bitcoin buy-side activity in the spot and futures markets supports the current rally toward $72,000, while short-term holders eased up on selling, increasing the chances of bulls taking control of BTC’s price direction. Read More at https://cointelegraph.com/news/bitcoin-demand-returns-giving-bulls-fuel-to-turn-dollar72k-to-support?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound