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