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BTC price sets fresh all-time high near $77K amid ‘long squeeze’ fears

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<div>BTC price sets fresh all-time high near K amid 'long squeeze' fears</div>
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BTC price sets fresh all-time high near $77K amid ‘long squeeze’ fears

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Source: Coin Telegraph

Bitcoin longs risk mass liquidations in a snap market reversal, analysis warns after new BTC price records follow FOMC.

Bitcoin circled $76,000 on Nov. 8 as “high leverage liquidity” formed around the spot price.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed modest Bitcoin (BTC) price gains mostly holding after the daily close.

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Author: William Suberg

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