#SpotVSFuturesStrategy Over $5 Billion Short Positions Could Be Liquidated if Bitcoin Hits an ATH Price Target of $113,000

The price of BTC is slowly moving towards reclaiming its previous ATH price at the $111,970 target. Presently, the pioneer crypto asset is trading between $108,000 and $110,000, and analysts expect the asset to rally rapidly and hit a new ATH target next. If the price of BTC does perform a quick pump and set a new ATH price at the $113,000 target, then over $5 billion short positions could be liquidated instantly.

Over $5 Billion Short Positions Could Be Liquidated

The crypto community is eagerly waiting for the price of BTC to either reclaim its previous ATH target in the $111,000 price range, or shoot higher than that to start setting a string of new ATH prices. So far, several bullish analysts have set their next ATh targets for the pioneer crypto asset, with the expectations starting from $114,000 and $117,000 to as high as $137,000 by the end of Q3. #Write2Earn #BTC