If the Bitcoin price exceeds $97,100, there is a risk of liquidating short positions representing $1 billion or more in the market. This level marks an important resistance point for traders opening short positions. Such large-volume position liquidations can lead to increased volatility and accelerated price movements.
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HodlVeteran
· 22h ago
This threshold of 97,100... is a nightmare for the bears... I learned how to be a person during this kind of liquidation wave back in 2017...
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ChainChef
· 22h ago
oh so if btc breaks through 97.1k we're basically cooking up a liquidation soup worth a billion+ ... that's the kind of volatile seasoning that gets markets spicy real quick ngl
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DaoResearcher
· 22h ago
Can that threshold of 97,100 really trigger a $1 billion liquidation? Is there data supporting this assumption...
If the Bitcoin price exceeds $97,100, there is a risk of liquidating short positions representing $1 billion or more in the market. This level marks an important resistance point for traders opening short positions. Such large-volume position liquidations can lead to increased volatility and accelerated price movements.