Bitcoin Is Sitting on a Liquidation Bomb
Above this price:
$64,700 → Zone packed with short liquidations
And below this price:
$62,800 → Zone packed with long liquidations
This means there’s massive liquidity on both sides, just waiting for a strong move If $BTC
moves about 3% in either direction, a series of liquidations could begin, dragging entire zones down with it
I’m not currently trying to predict the direction
I’m watching to see which level breaks first
Because the first side to be hit could trigger the whole chain reaction
Above this price:
$64,700 → Zone packed with short liquidations
And below this price:
$62,800 → Zone packed with long liquidations
This means there’s massive liquidity on both sides, just waiting for a strong move If $BTC
moves about 3% in either direction, a series of liquidations could begin, dragging entire zones down with it
I’m not currently trying to predict the direction
I’m watching to see which level breaks first
Because the first side to be hit could trigger the whole chain reaction