Thinking of Shorting Bitcoin? $640M in Liquidations Say Think Again!
Some traders just got rekt as they bet against Bitcoin moving up and, in the last 24 hours they positions were liquidated and lost more than $640M!
That's it, when you bet against Bitcoin you should also have position on the other direction because if the price go up you can win too. Look at this traders, they bet that Bitcoin price would nove down but instead the price skyrocket to more than $81,500 making them losing big on the market and to avoid even more damages the platforms liquidated their positions.
Play safe and healthy in this market and if you don't know how trading works, just don't go there and stick with what you know about. Let the professionals deal with trading as when they lose they have a backup plan to recover from it. Remember:
CONTENT IS KING!
BITCOIN is remarkable.
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