What Happens if BTC Falls Below $94,000 or Surpasses $97,000?
On February 18th, COINOTAG reported critical data from Coinglass concerning Bitcoin’s price volatility. Should Bitcoin dip below $94,000, the cumulative long liquidations on major centralized exchanges (CEX) could skyrocket to $1.371 billion. In contrast, if Bitcoin exceeds $97,000, short positions may face a cumulative liquidation of approximately $762 million. This information underscores the potential triggers … Read more