What is the Current Status of Bitcoin?
After yesterday's decline, Bitcoin continues to move sideways, accumulating liquidity. Let's take a look at the 7-day liquidation levels together.
If $BTC drops to 75,000$ , a cumulative 3.4 billion $ LONG positions will be liquidated,
while with Bitcoin rising to 93,000$ , 9.2 billion $ SHORT positions will be liquidated.
What direction do you think it will take?