Bitcoin Surpasses $63,000 After Strong Technical Breakout and Market Recovery

TL;DR Bitcoin rose to intraday highs of $63,293, marking its fourth consecutive day of gains. A major technical break above the 200-day SMA fueled the recent price surge. The rally is part of a broader recovery in the cryptocurrency market, with $49.45 million worth of Bitcoin short positions liquidated. Bitcoin, the world’s largest cryptocurrency by ... source: https://crypto-economy.com/bitcoin-surpasses-63000-after-strong-technical-breakout-and-market-recovery/