Matrixport: BTC is about to break a new high, with over $1.5 billion of short positions waiting to be liquidated at $72,000

According to TechFlow, Matrixport said Bitcoin is about to break a new high.

It said that it mentioned yesterday that BTC futures traders are increasing their positions, and two days ago it predicted that Bitcoin is about to break through the bullish triangle. Combined with the second largest net purchase of Bitcoin spot ETFs last night, BTC seems ready to rise.

More than $1.5 billion in short positions are waiting to be liquidated at $72,000.