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Bitcoin Cointelegraph

Bitcoin returns to $40K, liquidating over $50M of shorts in hours

It's sudden death for those who were shorting Bitcoin or altcoins on Feb. 4, as major upside levels reappear after a two-week absence.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin returns to $40K, liquidating over $50M of shorts in hours

It's sudden death for those who were shorting Bitcoin or altcoins on Feb. 4, as major upside levels reappear after a two-week absence.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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