🚨 Bitcoin Liquidation Alert!
🚨
Looking at
@coinank_com's weekly liquidation map, it's clear that long position liquidity is substantial. A massive $6.38 billion in liquidations sits at $95,764. On the short side, we see $3.32 billion in liquidations around $106,222.
However, the 24-hour chart paints a slightly different picture. If the price touches $100,000, we could see $800 million in liquidations. Interestingly, a move to $104,000 would trigger a much larger $1.38 billion in liquidations.
With the current price around $102,400, a relatively small upward move of $1,600 could lead to significantly more liquidations than a $2,400 drop, which would trigger $800 million. The odds seem to favor an upward move.
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@coinank_com app!
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#Bitcoin #BTC #Crypto #Liquidation #Trading #Coinank