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Bitcoin Approaches Key Liquidation Levels as Volatility Looms
Bitcoin (BTC) is nearing critical price levels that could trigger large-scale liquidations across major centralized exchanges, signaling rising market tension. Data from a reliable source indicates that if BTC drops below $86,170, total long liquidations may reach approximately $1.229 billion, reflecting heavy leverage on the downside. Conversely, if Bitcoin breaks above $95,088, total short liquidations could surge to around $1.225 billion, potentially igniting a strong short squeeze and accelerating bullish momentum.
These closely balanced liquidation zones highlight a highly leveraged market, where even modest price movements could lead to sharp volatility and cascading liquidations. Traders are closely monitoring these levels, as a decisive move in either direction could shape Bitcoin’s short-term price trend.