PANews March 15 news, according to Cointelegraph, the CME Bitcoin futures gap between $85,000 and $86,000 was not filled last weekend. The possibility of Bitcoin turning to liquidity upward is increasing. Triggering liquidations above $85,000 may further boost bullish momentum, allowing Bitcoin to form a new high and turn $85,000 into a new support level. If this happens, the next key resistance level will be at $90,000, which may lead to the liquidation of more than $1.6 billion in short positions, thereby retesting the resistance level of $95,000 above. Bitcoin analyst Mark Cullen warned that Bitcoin prices will continue to fluctuate in a corrective manner, which means further sideways consolidation before a short squeeze occurs.
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