If the price of Bitcoin rises to $72,600, more than $20 billion in short positions could be liquidated, bringing a bullish signal. Market participants are under pressure, and the net flow of exchanges has surged by more than 10%, indicating that investors are ready for volatility. Long positions are dominant and are even willing to pay financing fees, further supporting expectations of price increases. If this resistance level is successfully broken, it may trigger a chain reaction and drive prices further up.
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