#BTC110KToday? in history.
$3 Billion in BTC Shorts at Risk Above $107,000
Market analysts estimate that more than $3 billion in leveraged short positions could be liquidated if Bitcoin sustains a move above $107,000. According to trading data, this creates a so-called “liquidation magnet”—a technical condition where concentrated short positions act as upward fuel if breached, accelerating bullish momentum.
Crypto trader Jelle described the market as being “inches away” from price discovery, a term used when an asset enters a previously uncharted range with no historical resistance, allowing price