{"id":16572,"date":"2023-01-21T12:27:26","date_gmt":"2023-01-21T12:27:26","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/01\/21\/bitcoin-bulls-push-btc-to-highs-of-23300\/"},"modified":"2023-01-21T12:27:27","modified_gmt":"2023-01-21T12:27:27","slug":"bitcoin-bulls-push-btc-to-highs-of-23300","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/01\/21\/bitcoin-bulls-push-btc-to-highs-of-23300\/","title":{"rendered":"Bitcoin bulls push BTC to highs of $23,300"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674302039689-8b4a9fcd-61be-4381-959e-fd12fc9d51bc-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674302039689-8b4a9fcd-61be-4381-959e-fd12fc9d51bc-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674302039689-8b4a9fcd-61be-4381-959e-fd12fc9d51bc-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1674302039689-8b4a9fcd-61be-4381-959e-fd12fc9d51bc-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1674302039689-8b4a9fcd-61be-4381-959e-fd12fc9d51bc.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\"><em><strong>Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date beneficial properties.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><em><strong>BTC value is up 30% in a month and has recovered 47% for the reason that decline to $15,500 lows.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><strong><em>Short liquidations have been round $376 million up to now 24 hours.<\/em><\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\">Bitcoin value roared to highs above $23,000 on Saturday morning, rising to $23,342 on Binance as the value of the world\u2019s largest cryptocurrency by market cap hit ranges final seen in mid-August 2022.<\/p>\n<p dir=\"ltr\">BTC was altering arms round $22,900 on the time of writing, about 9% up up to now 24 hours after shedding some of the beneficial properties.\u00a0<\/p>\n<p dir=\"ltr\">The value of Bitcoin was, nevertheless, nonetheless 35% up up to now 30 days, and as crypto dealer and analyst Rekt Capital <a href=\"https:\/\/twitter.com\/rektcapital\/status\/1616752893180235780\" rel=\"noopener noreferrer\" target=\"_blank\">pointed out<\/a> earlier this morning, BTC had rallied over 47% since falling to lows of $15,500 amid the FTX dump.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/00\/21\/1674301360202-5c4a51da-5cb3-4bc1-91fb-cfd196ec6553.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"236\"\/><span class=\"fr-inner\">Bitcoin value chart displaying BTC rally to $23,000 on 21 January, 2023. Source:\u00a0<a href=\"https:\/\/www.tradingview.com\/x\/84XgTuiZ\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">\u00a0On-chain information platform Santiment famous simply earlier than at the moment\u2019s break above $23k that Bitcoin\u2019s value rally has come amid a bullish outlook from giant BTC traders. As the agency <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1616579880321429504\" rel=\"noopener noreferrer\" target=\"_blank\">highlights<\/a> within the chart under, whale addresses with 1,000 to 10,000 BTC have up to now two weeks gathered over 64,638 bitcoins value greater than $1.46 billion.<\/p>\n<\/div>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udc33 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> has now surpassed $22.7k for the primary time since August 18, 2022. The value rise has come as the big whale tier group of addresses holding 1,000 to 10,000 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> has collectively gathered 64,638 ($1.46 billion) <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> up to now 15 days. \ud83d\udc4d <a href=\"https:\/\/t.co\/H6jCsZDgUR\">https:\/\/t.co\/H6jCsZDgUR<\/a> <a href=\"https:\/\/t.co\/RaN2I48ybg\">pic.twitter.com\/RaN2I48ybg<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1616579880321429504?ref_src=twsrc%5Etfw\">January 20, 2023<\/a><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">Over $376 million in shorts liquidated<\/h2>\n<p dir=\"ltr\">As Bitcoin raced to highs close to $23,350, l<a href=\"https:\/\/www.coinglass.com\/LiquidationData\" rel=\"noopener noreferrer\" target=\"_blank\">iquidation data<\/a> confirmed that previously 24 hours, about 80,497 merchants had been liquidated.<\/p>\n<p dir=\"ltr\">According to Coinglass, the biggest quick liquidation was on Bitmex the place an order value $4.53million was rekt. The whole liquidations as of 06:10 am ET on 21 January have been $376.61 million.\u00a0<\/p>\n<p dir=\"ltr\">Notably, whole liquidations aren&#8217;t on the ranges seen when BTC\/USD broke above $20,000 final week in the direction of erasing all post-FTX losses. Nonetheless, it nonetheless exhibits some merchants are satisfied this could possibly be a huge bull lure.\u00a0<\/p>\n<p dir=\"ltr\">But as it&#8217;s, additional upside momentum may see bulls goal $25,000 or presumably greater if sentiment throughout threat markets helps bouy purchase stress.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-hits-5-month-high-as-bulls-push-btc-above-23k\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date beneficial properties. BTC value is up 30% in a month and has recovered 47% for the reason that decline to $15,500 lows. Short liquidations have been round $376 million up to now 24 hours. Bitcoin value roared to highs above [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,31,640,834,71],"class_list":["post-16572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-btc","tag-bulls","tag-highs","tag-push","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=16572"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16572\/revisions"}],"predecessor-version":[{"id":16573,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/16572\/revisions\/16573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/16574"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=16572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=16572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=16572"}],"curies":[{"name":"wp","href":"https:\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