Bitcoin faces significant liquidation risks as it approaches the critical $120,000 price level. Should the cryptocurrency surpass this threshold, it could trigger approximately $1.503 billion in short position liquidations across major cryptocurrency exchanges. Conversely, a price drop below $116,000 poses… Read More »Bitcoin Near Critical $120K Threshold with $1.5 Billion Liquidation Risk
The Bitcoin market anticipates a significant liquidation event should the cryptocurrency’s price move decisively outside its current trading range. Data indicates a critical concentration of leveraged positions around the $107,000 and $109,000 price levels. Should Bitcoin’s price dip below the… Read More »Bitcoin Faces $500M+ Liquidation Risk Near $107,000-$109,000 Price Range
Bitwise CEO Hunter Horsley suggests Bitcoin holders may significantly reduce selling activity as prices approach the $130,000 to $150,000 range. This behavioral shift stems from tightening supply conditions and accelerating institutional demand. Horsley indicates that breaching key price thresholds would… Read More »Bitwise CEO Predicts Reduced Bitcoin Selling Pressure Above $130K Threshold