Bitcoin Price: BTC To Face $1.4 Billion Liquidation If Price Jumps To This Level ♨️

🚀 Bitcoin on the Brink: Bullish Surge and Major Liquidation Alert! 🚀

**Current Price:** $70,931.32

**24-Hr Volume:** $43.7 Billion

**24-Hr Growth:** +5.89%

**Market Cap:** $1.3 Trillion

Bitcoin's price is on a **meteoric rise**, breaking past $70K and setting the stage for potentially massive liquidations at $74,300. The latest surge has led to **$345 million** in short liquidations, signaling strong **bullish momentum**. With the RSI at 68.90, BTC is showing signs of continuing its upward trend.

**Key Highlights:**

- **Bitcoin's Price:** Trading between $71,719.23 and $70,725.64.

- **Open Interest:** Up by 5.47%, valued at $18.7 Billion.

- **Potential Liquidation Threshold:** $74,300 could trigger a $1.45 Billion short squeeze.

**What's Next?**

As Bitcoin bulls take control, we could see new **all-time highs** if the current trend persists. Keep an eye on the $74,300 mark – a critical level that could cause significant market shifts.

**Stay Tuned** for more updates as the crypto market heats up! 🔥

#Bitcoin #CryptoWatchMay2024