Almost $12 BILLION worth of #Bitcoin shorts are waiting to get liquidated at $70,000 $BTC https://t.co/6DAW1G4Z7Y
#Bitcoin pumped from $15,400 to $74,800 after the shit show of LUNA crash, FTX meltdown and Binance fud. BTC is now consolidating as we are in a early stage of Bull market. We can see a correction to $48k-$52k which would be a bottom before the epic $100,000+ PUMP 🔥 I’m… https://t.co/2Ye0WJH9Dv
Bitcoin Liquidation Map $12b shorts will be liquidated if Bitcoin goes to $70600 👀 https://t.co/4fxezMBw57
Bitcoin shorts totaling nearly $1 billion are set to be liquidated when Bitcoin reaches $65,000. Various estimates indicate that $940 million, $1 billion, $643 million, and $700 million in shorts will be affected at this price point. Additionally, a significant liquidation of $12 billion in shorts is projected if Bitcoin hits $70,600. The cryptocurrency has experienced a substantial rise from $15,400 to $74,800 following the LUNA crash, FTX meltdown, and Binance issues. Currently, Bitcoin is consolidating in an early bull market stage, with potential corrections to $48,000-$52,000 before a possible surge past $100,000.