Bitcoin bulls are eyeing a significant milestone: $100,000. According to CoinGlass data, this price point could trigger a massive liquidation event, wiping out approximately $396 million in short positions across major cryptocurrency futures exchanges. Traders betting against Bitcoin should pay close attention. A surge past $100,000 could trigger a cascade of forced liquidations, potentially pushing the price even higher due to the sudden buy pressure. Conversely, the data indicates that a dip below $96,000 could liquidate around $305 million in long positions. This highlights the volatility inherent in the Bitcoin market and the high stakes involved in leveraged trading. ```

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