$BTC Bitcoin, if it drops to over 97,000, the long position will face a liquidation of 1.7 billion USD. If Bitcoin rises to 112,000, it will trigger a liquidation of 2.2 billion USD for short positions. Recently, after a correction in Bitcoin, the number of short sellers and the amount has significantly increased. In the short term, Bitcoin dropping to 97,000 will only breach the 1.7 billion long positions; however, rising to 112,000 could trigger a liquidation of 2.2 billion short positions. A major market shift is approaching. What do you think will happen to Bitcoin next?
