$BTC $BNB $ETH

🔔 Bitcoin price movements could lead to massive liquidations!

#Bitcoin #Liquidations #CryptoNews

In recent days, Bitcoin (BTC) price has experienced sharp fluctuations between support and resistance levels, raising concerns among margin traders.

📉 Why is this important?

Any sharp break either upward or downward could lead to forced liquidations of huge contracts, especially on platforms that rely on leveraged trading such as Binance and Bybit.

💥 In case:

A break below a certain key support level could trigger a wide selling wave from traders who bet on upward movement.

A breakout above strong resistance could lead to the liquidation of short positions, which may inject more upward liquidity.

📊 According to derivative tracking platforms, there are positions worth hundreds of millions of dollars at risk if the price exceeds critical levels.

⚠️ Advice for traders:

Be cautious during volatile periods, use stop loss, and closely monitor support and resistance levels, as sharp movements can be quick and unforgiving.