Bitcoin Liquidation Intensity Could Surge Over $3.5 Billion as Price Approaches $112K and $116.7K Thresholds

Key Points

1. Bitcoin liquidation intensity could reach $1.09 billion if prices drop below $112,000, primarily affecting long positions.

2. A rebound to $116,713 may trigger short position liquidations totaling $2.504 billion.

3. Liquidation intensity reflects potential forced contract closures at critical price levels, signaling market volatility.

4. Traders should monitor these levels to anticipate price swings and adjust strategies accordingly.

5. The $112,000 and $116,713 thresholds are critical due to their high liquidation clusters, which can amplify market movements.