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Bitcoin at Critical Juncture: Potential $980M Liquidation Below $63K, $419M Above $65K Coinotag 25 sept. 2024

Bitcoin at Critical Juncture: Potential $980M Liquidation Below $63K, $419M Above $65K 📉

Bitcoin

On September 25, Coinglass data, reported by COINOTAG, indicates significant liquidation strengths tied to Bitcoin's price movements.

Should Bitcoin decline below $63,000, the cumulative liquidation strength of mainstream CEX long positions could approach $980 million.

Conversely, if Bitcoin's price rises above $65,000, potential liquidations are projected to reach $419 million.

Source : en.coinotag.com ↗

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