$14 Billion Bitcoin Shorts Could End at $125K Big Move Coming
Aslam mu alakum, and hello every one how are you, hope you all will be happy and fine.
Today I read one very big news in crypto. It say that $14 billion Bitcoin shorts will be liquidated if Bitcoin price reach $125k. Shorts mean people who bet that Bitcoin price will go down. If price go up too much, then their bet lose and they must buy Bitcoin back. This buying make price go more high.
This news is very big for crypto market because if shorts get liquidated, it mean huge money come inside market. Many traders will see Bitcoin going high and they will also buy. This can start big bull run. Not only Bitcoin will go up, but other coins also can get pump because when people make profit in Bitcoin, they also buy altcoins.
So, this news is like power for market. If price touch $125k, many people will be in hurry to buy and this will make market strong.
Thank you so much and allah hafiz.