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Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst Newsbtc vor 2 Monaten

Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

CoinGlass Crypto Rover Willy Woo Hong Kong Bitcoin

Crypto analyst Crypto Rover suggests that Bitcoin could trigger a $3 billion short liquidation if it hits $71,600, a warning amidst market turbulence. Recent events saw over $1.2 billion in Bitcoin longs liquidated, but there's potential recovery on news of Hong Kong approving Bitcoin ETFs, with price target projections by analyst Willy Woo suggesting significant upside.

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