๐จ Urgent: Over $12 billion in Bitcoin short positions are at risk if $BTC reaches $115,000! ๐
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๐ฐ Huge liquidation risk:
Data indicates over $12 billion in short positions for $BTC will be liquidated if its price hits $115,000.
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๐ก What does this mean for the market?
โ Forced liquidation: Traders are forced to buy Bitcoin to cover their positions, creating buying pressure.
โ "Short squeeze": This pressure could sharply accelerate the price rise.
โ Key levels: $115,000 is a critical point that could ignite a strong upward wave.
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๐ Current market context:
Traders are monitoring this scenario for the potential of significant volatility if the price reaches this point, indicating the possibility of a large "short squeeze."
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โ Do you think the market is preparing for a large "short squeeze" that will drive Bitcoin to new record levels? ๐ค
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