$BITCOIN Price Movements Could Trigger Big Liquidations
Bitcoin’s price is moving sharply around important support and resistance levels. Traders are watching closely as any strong move could cause heavy liquidations in the futures market.
If Bitcoin breaks above resistance, short positions may get liquidated, pushing the price even higher. But if it falls below support, long positions could be wiped out, adding selling pressure.
With high leverage in play, even small price changes can create big impacts. Traders should be careful and manage risk during this volatile period.
