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As shorts soared and Bitcoin fell below $33,000, traders warned that Bitcoin prices would be “violently” squeezed
(Bitcoin) Fell below the support level of $33,000 on July 12, because the familiar low volume and increasing short positions put pressure on price movements.
Data from Cointelegraph Markets Pro with Transaction view Track BTC/USD as it hit a local low of $32,880 on Bitstamp.
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