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Bitcoin could face a risk of liquidating short positions worth $2.5 billion if its price reaches $72,000. This poses a threat to market bears. If interest in Bitcoin ETFs increases, the cryptocurrency's price could rise, leading to forced liquidation of short positions. Analysts note that the current market conditions could trigger significant fluctuations. Investors should closely monitor changes in demand for Bitcoin and their impact on market positions.
💬 Comment: It's not popular to talk about liquidation amounts below 60K, there are definitely not less
$BTC