Bitcoin currently standing at 96k USDT, Bitcoin is in a potential liquidation zone. A 1000-point drop to around 95.1k USDT could trigger over 268 million in cumulative long-position liquidations. Conversely, a rise to 97,193 USDT could lead to more than 50 million in cumulative short-position liquidations. With long liquidation volumes far surpassing short positions, it's advisable to manage leverage carefully to avoid large-scale liquidations.
So now market is in liquidation zone, high selling pressure at the moment with lowest trading volume, overall crypto market droped more then 30% since 1 month, bitcoin price stuck inbetween 95k - 97k, 97 breakout could send btc above 98k dollars, 95k breakout send btc at 93k-92k.
Anyhow btc price dropped with almost all top 30 coins, alt coins dropped very consistently and continuously, if btc price just drop 5000 dollars more then we will see solana at below 140 dollars, eth drop below 2000 dollars, meme coins lost 20% more.
Now bitcoin price is dropped due to negative CPI report, February is horrible for entire crypto market, more then 15 billion dollars in this momth, still 11 day's left for more liquidations. Due to high fear index bitcoin trading volume is less then 15B dollars, i think this happened just one in a year so be ready for next pump in april-may 2025, massive pump ahead, if you buy any coin in high price then never sell this coin before April - May.
Thank you and Thanks for your time#MarketLiquidation #BitcoinForecast #BTC☀ #BTC #BTC☀️ $BTC
BTC
96,031.18
-0.9