Bitcoin soared by roughly $2,000 in the past several, charting its highest price position since mid-September. The altcoins are well in the green as well, with some, such as SOL and OKB, posting massive double-digit price increases. Bitcoin Sees 18-Week High The latest bitcoin surge came amid five bullish on-chain factors provided by CryptoQuant earlier this week. The asset had calmed after touching $21,600 and had retraced to just under $21,000. The bulls had a battle that continued for a few days seems to be won, at least for now, as BTC went through one of its most impressive overnight price surges in a while. It took it from below $21,000 to inches away from $23,000. Although it has still been unable to tap that level as of now, touching $22,800 is the highest price tag bitcoin has seen in 18 weeks. Somewhat expectedly, this price surge caused losses worth millions of dollars for over-leveraged traders, with the majority being short positions. The price pump has helped BTC’...