$BTC
Stock market information for Bitcoin (BTC)
- Bitcoin is a crypto in the CRYPTO market.
- The price is 95395.0 USD currently with a change of 983.00 USD (0.01%) from the previous close.
- The intraday high is 95444.0 USD and the intraday low is 94274.0 USD.
Bitcoin Short Positions Under Pressure as Price Nears $100K
As of April 29, 2025, Bitcoin (BTC) is trading around $95,395, reflecting a steady upward momentum. The market is experiencing heightened volatility, with significant implications for short positions. Bitcoin USD (BTC-USD) Price History & Historical Data
Recent data indicates that approximately $4.5 billion in Bitcoin short positions are at risk of liquidation if BTC surpasses the $100,000 threshold. This scenario is fueled by high leverage in Bitcoin futures, with open interest reaching $32 billion on April 28, 2025 . ([$4.5B Bitcoin Shorts at Risk of Liquidation Above $100K
Technical indicators support the bullish trend:
- Relative Strength Index (RSI) stands at 72, suggesting overbought conditions but sustained buying pressure. $4.5B Bitcoin Shorts at Risk of Liquidation Above $100K
- 50-day Moving Average (MA) is at $89,500, while the 200-day MA is at $82,000, indicating a strong bullish crossover . $4.5B Bitcoin Shorts at Risk of Liquidation Above $100K
Traders should monitor these developments closely, as a breakout above $100,000 could trigger a cascade of short liquidations, potentially propelling BTC to new highs. $4.5B Bitcoin Shorts at Risk of Liquidation Above $100K .
