Blockchair's logo

Bitcoin’s Price Dynamics: Impact of $96,000 and $100,000 Levels on CEX Liquidation Intensity Coinotag 3 weeks ago

Bitcoin’s Price Dynamics: Impact of $96,000 and $100,000 Levels on CEX Liquidation Intensity 📉

Recent insights from COINOTAG reveal crucial dynamics as Bitcoin nears the $96,000 and $100,000 price levels. These thresholds are significant for determining the intensity of liquidation on centralized exchanges.

Coinglass data suggests that if Bitcoin's value falls below $96,000, it could trigger substantial market impacts, potentially increasing liquidation activities.

Source: en.coinotag.com ↗