partial buy
Bitcoin All-Time High Breakout Could Trigger $793 Million Short Liquidation on CEXs
If Bitcoin manages to surpass its historical maximum, I estimate that the total short liquidation volume across major centralized exchanges (CEXs) could soar to approximately $793 million.
Source available for registered users Sign Up Free
AI Analysis
In the context of Bitcoin's recent price movements, breaking its all-time high could serve as a highly bullish signal for the crypto market. Historically, such breakouts tend to trigger a cascade of s...
AI Recommendation
As an investor, it's crucial to monitor Bitcoin's price action closely around its all-time highs. While a breakout can lead to lucrative gains due to leveraged short liquidations, it also entails sign...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.