⭐️⭐️𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐞𝐬 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜 𝐇𝐢𝐠𝐡𝐬 𝐰𝐢𝐭𝐡 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐟𝐨𝐫 𝐌𝐚𝐣𝐨𝐫 𝐋𝐢𝐪𝐮𝐢𝐝𝐚𝐭𝐢𝐨𝐧𝐬⭐️⭐️

Bitcoin is nearing a crucial point, getting close to its all-time high and set to trigger significant liquidations. Charts show a significant buildup of leverage globally, particularly within a liquidity zone between $70,000 and $73,000. Over $100 billion in liquidations is at stake, mainly from short positions with liquidation points in this range, anticipating a price drop. This zone may attract whale activity, offering large players a chance to profit from potential price fluctuations.

**Technical Outlook**

Technically, Bitcoin is forming a bullish pennant pattern, supported by a strong bullish Elliott Wave structure that combines an impulse wave with a zigzag formation. Currently, Wave 3 seems to be developing, indicating the possibility of a rapid "flash pump." The key question is: will whales use this liquidity for large sell orders, or will they let the price rise, pushing Bitcoin higher?

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