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Bitcoin Short Liquidated — $48.8K at $119,551.80

I recorded a BTC short liquidation of $48.8K executed at $119,551.80.

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Analysis

The reported liquidation indicates that a BTC short position worth $48.8K was force-closed at a price of $119,551.80. Such liquidations typically occur when price moves against leveraged short positio...

Recommendation

Monitor BTC price action around the $119.5K level and watch order book depth for follow-through buying that could confirm a short-squeeze-driven move. Short-liquidation events are best treated as aler...

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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