Bitcoin must hold above $95K or face short-term rejection: Bitfinex

Bitcoin’s price is just a few hundred dollars away from putting $400 million in short positions at risk of liquidation.

Key takeaways:

Bitcoin must maintain above $95,000 to have a chance at retesting its $109,000 all-time high; failure to hold could lead to a deeper correction, crypto analysts warn.

Several crypto analysts told Cointelegraph in March that Bitcoin may have a chance of reaching new all-time highs in June.

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