Double-Sided Tension in Bitcoin!
Both long and short sides in BTC are waiting at critical levels.
At the $118,705 level: $3.31 billion in short positions are at risk of liquidation
At the $95,969 level: $3.04 billion in long positions are on the defensive.
The price is currently at $107,058, oscillating between the two extremes.
In an upward breakout, shorts could be crushed, while longs could be swept away in a downward move.
Large capital has taken positions – the directional choice will be decisive.