Bitcoin's approach to the $100,000 mark could result in $9 billion in short liquidations, according to a Coin Bureau report citing BitJie. This potential surge is seen as a pivotal moment for value investors, as the risk-to-reward ratio for long positions becomes more favorable at this level. Short-term traders are monitoring the market closely for any signs of a breakout that could lead to significant market movements.
Bitcoin's Potential Surge to $100,000 Could Trigger $9 Billion in Short Liquidations
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