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$BTC is in focus as Bitcoin approached the $72,000 level on a second consecutive day of upside, with crypto short liquidations across the broader market crossing $3.1 billion.
The next confirmable milestone is a close at or through that threshold.
The liquidation print Crypto short liquidations totaled $3.1 billion as Bitcoin's bid held into the session, a figure that spans the market rather than Bitcoin alone.
Short positions are closed automatically by exchanges when a rising price moves against them by a sufficient margin. Each forced closure puts additional buying pressure into the tape.
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