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If $BTC goes up $10K, about $4.3B in shorts get liquidated.
If it drops $10K, around $14.5B in longs get wiped move.
Right now, the downside still has more liquidation risk over the next 2–3 months.
Market is sitting in a tight spot where either direction could trigger a strong move.
#Bitcoin #BTC Price Analysis#
If it drops $10K, around $14.5B in longs get wiped move.
Right now, the downside still has more liquidation risk over the next 2–3 months.
Market is sitting in a tight spot where either direction could trigger a strong move.
#Bitcoin #BTC Price Analysis#
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