Bitcoin bears 'annihilated' as analysis sees $65K support test next

Bitcoin liquidity analysis described bulls as in control after the trip to $74,000, but a support retest could take BTC price action almost $10,000 lower.

Bitcoin (BTC) has “annihilated” short sellers with its latest trip to monthly highs as crypto liquidations pass $500 million.

Key points:

Bitcoin bears suffer as BTC price action hits $74,000.

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