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Bitcoin Long Liquidated — $55.3K Closed at $116,759.90

I was liquidated on a Bitcoin long — a $55.3K position closed at $116,759.90.

This painful exit reminds me that high leverage and volatile price action can erase positions quickly; I must tighten risk controls before trading this market again.

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Analysis

The liquidation indicates excessive leverage and a sharp move or stop-run around current levels. Bitcoin's volatility can trigger forced exits; assessing margin use, orderbook depth and nearby support...

Recommendation

Don't chase entries. Reduce leverage, enforce stop-losses, and watch price action for consolidation or a reliable support retest before considering re-entry. Monitor funding rates and liquidity to tim...

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.

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