Glassnode: Bitcoin is climbing to the liquidation zone of $83,000 to $86,000

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On-chain data analysis platform Glassnode stated: Bitcoin is rising into a thickening liquidation zone, with a dense cluster located around $83,000 to $86,000.If it reaches this area, the price may quickly move through this zone due to short sellers being forced to cover their positions. These short positions have been accumulating for several weeks.

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