sell
Bitcoin Long Liquidated at $117,278 — Short-Term Weakness
I had a $150,000 BTC long liquidated at $117,278.30.
That liquidation reflects short-term selling pressure and possible stop-hunting around current Bitcoin levels.
I'm cutting exposure and will wait for clear support or a decisive reversal before adding back in.
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Analysis
A large long liquidation at ~117k suggests aggressive selling or stop runs that can accelerate downside as forced exits compound price moves. This single event signals elevated short-term volatility a...
Recommendation
Reduce or avoid fresh long exposure until BTC establishes reliable support or shows a clear recovery; if holding, tighten stops and size positions conservatively.
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.