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BTC

BTC Long Liquidated at $117,414 — Expect Near-Term Volatility

I recorded a Bitcoin long liquidation of $119K at $117,414.10.

This liquidation highlights near-term selling pressure and elevated volatility around the $117k area; I’m watching price action closely for confirmation of support before taking fresh long exposure.

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Analysis

The liquidation suggests stops were cleared around $117k, creating short-term downside pressure and higher intraday volatility as liquidity is hunted; momentum may stay weak until buyers defend key su...

Recommendation

I recommend avoiding new aggressive longs for now, watching support and volume for confirmation, and trimming exposure or waiting for a clear reversal signal before re-entering.

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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