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Bitcoin (BTC) Facing Critical Short Liquidation Zones at $105,322 and $109,806
The market is heavily skewed towards short positions with high leverage 🐻. There’s a possibility that Bitcoin ($BTC) might rise to $105,322, and in a more optimistic scenario — to $109,806. The largest liquidation clusters are centered around these levels.
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AI Analysis
The current market sentiment shows a dominance of short positions, many of which are leveraged highly. This indicates a bearish bias that may, however, be subject to a short squeeze if prices rally. T...
AI Recommendation
Given the current scenario, traders should prepare for potential volatility around the liquid liquidation zones at $105,322 and $109,806. If the price approaches these levels, it may be prudent to con...
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.