Bitcoin tags $90K as short squeeze wipes out $120M - Source: CoinTelegrapy

Biitcoin returned to $90,000 after Wednesday’s Wall Street open as traders eyed vulnerable short positions.

Key points:

• -Bitcoin erases recent losses with a fresh trip to the $90,000 mark.

• -Liquidity games remain the key driver of short-term BTC price action, with shorts this time getting punished.

• -Bearish price predictions include a “breakdown” below the 100-week moving average cloud.

Story continues: https://cointelegraph.com/news/bitcoin-returns-90k-btc-price-impulse-liquidates-shorts