BITCOIN INCREASE RATE !!??
If Bitcoin (BTC) drops to around $102,700, approximately $1.45 billion in long positions could be liquidated, according to recent market estimates. Currently trading at $103,753, BTC is only a few hundred dollars away from this critical threshold.
Crypto market analyst Ali (@ali_charts on X) highlights that a $1,000 decline from current levels would be enough to trigger widespread liquidations. This potential sell-off stems from the high number of leveraged trades on major exchanges such as Binance, Bybit, and OKX, which significantly increase the market's exposure to volatility.
As a result, investors are being urged to brace for market turbulence, even before Bitcoin touches this liquidation trigger point.
