Bitcoin Shorts Skyrocket On Multiple Exchanges, Caution Ahead?

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Bitcoin Shorts Skyrocket On Multiple Exchanges, Caution Ahead?

Although the Bitcoin price attempted a breakout above $60,000 levels on Sunday, it faced a strong rejection with the immediate surge in the Bitcoin short positions. Currently, the BTC price is trading 1.7% down at $58,515 with a market cap of $1.115 trillion.

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