Bitcoin's estimated liquidation map at 11:00 UTC on Nov 4 leans against traders betting on a fall. With $BTC at $78,582, the heavier modeled exposure within 3% of price sits above the market, where short positions would be forced to buy back.
The nearest of those modeled short levels is $78,859, a small distance over the price.
Under the market, the closest estimated long liquidation level is $78,125. The larger modeled cluster for leveraged buyers sits further down at $74,914.
The nearest of those modeled short levels is $78,859, a small distance over the price.
Under the market, the closest estimated long liquidation level is $78,125. The larger modeled cluster for leveraged buyers sits further down at $74,914.
