Bitcoin will not increase up to $82,500 before the end of Ju | Ivette Schwallie rXap on Binance Square

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Bitcoin will not increase up to $82,500 before the end of June, 2024. #Write2Earn

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The Price Movement of Bitcoin could Trigger Significant Liquidations on Major Exchanges. Bitcoin's price fluctuations may trigger substantial liquidations on major exchanges, with potential implications for market stability. BlockBeats notes that the liquidation chart does not display the exact number of contracts pending liquidation or their precise value. Instead, the chart's bars represent the relative importance of each liquidation cluster compared to nearby clusters, indicating intensity. According to BlockBeats, data from Coinglass indicates that if Bitcoin surpasses $100,000, the cumulative liquidation intensity of short positions on major centralized exchanges (CEX) will reach $2.521 billion. Conversely, if Bitcoin falls below $94,000, the cumulative liquidation intensity of long positions on these exchanges will amount to $2.7 billion. Therefore, the chart illustrates the potential impact on the market when the asset price reaches certain levels. Higher "liquidation bars" suggest that reaching these price points will trigger a more intense reaction due to liquidity waves. #BTC copied BINANCE News

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Binance to introduce Binance Alpha 2.0, the next evolution of our platform. Binance Alpha 2.0 integrates Binance Alpha directly within the Binance Exchange, bridging the gap between centralized (CEX) and decentralized (DEX) trading. Binance Alpha 2.0 is currently in BETA and is only available to users from a few selected regions. The product will gradually be released in more regions in the coming days as we ensure optimal performance and user experience.About Binance Alpha: Binance Alpha was announced on 2024-12-17 as a platform designed to spotlight early-stage projects with potential to grow within the web3 ecosystem. Some tokens highlighted on Binance Alpha may be considered for future listings on Binance Exchange, while not guaranteed. Tokens featured on Binance Alpha are selected using Binance’s industry expertise and advanced insights, spotlighting those that demonstrate strong community interest, growing traction, and alignment with key trends shaping the crypto ecosystem. Follow Binance Wallet’s official social media channels and keep an eye on the Binance Wallet homepage for regular updates on Binance Alpha

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