Bitcoin long liquidated — $112.8K position closed at 121,366.60
I had a long on Bitcoin liquidated. The average entry was 121,366.60 and the total position size was $112,750.
All of my bots executed the liquidation via @bpay_group, showing concentrated exposure to leverage across automated systems.
I'll reassess risk controls and avoid re-entering leveraged longs until price action stabilizes.
Analysis
The liquidation reflects sharp adverse movement against leveraged longs and suggests bots lacked sufficient stop-loss or had excessive leverage; this increases near-term downside risk and volatility.
Recommendation
Don't open new leveraged longs now; reduce position sizes, tighten stops, and wait for confirmed stabilization before any re-entry.
Disclaimer
The 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.