Bitcoin could still move above $70,000, as there are short positions that have been sitting in that region for several months.
In fact, on Binance Futures, Bitcoin briefly traded above $70,000!
Filtering the Liquidation Levels chart to show only the largest liquidity pools makes the situation much easier to analyze.
Overall, the main and largest liquidation pool is still concentrated around $57,000.
Definitely something to keep a close eye on!
In fact, on Binance Futures, Bitcoin briefly traded above $70,000!
Filtering the Liquidation Levels chart to show only the largest liquidity pools makes the situation much easier to analyze.
Overall, the main and largest liquidation pool is still concentrated around $57,000.
Definitely something to keep a close eye on!