Bitcoin (BTC) has officially broken its downtrend as of April 15, signaling a possible bullish reversal. The market saw an astounding 2,131% liquidation imbalance, with shorts overwhelmingly dominating the scene.
The total liquidations amounted to $57.43 million, as traders speculate higher volatility with current price swings. While some see this as a bullish shift, caution remains as market dynamics can change swiftly.
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