Bitcoin beats out shorts as BTC price attempts to crack $20.5K By Cointelegraph



Bitcoin beats out shorts as BTC price attempts to crack $20.5K

(BTC) reclaimed and held $20,000 into Oct. 6 as the latest rebound punished short speculators.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing from local lows of $19,740 on Bitstamp around the Oct. 5 Wall Street open.

BTC liquidiations chart (screenshot). Source: Coinglass
(DXY) 1-hour candle chart. Source: TradingView
Fed rate hike probabilities chart. Source: CME Group (NASDAQ:)