Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels
- Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours.
- Almost $100 million of liquidations occurred in the past 24 hours
- Markets have been net short Bitcoin in the past few days extensively.
- While accumulation for spot Bitcoin was also happening at the same time.