9.41 billion dollars of short pants at risk of liquidation if bitcoin strikes this level

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The encryption market is in a state of maximum alert as a possibility of more Upward momentum At Bitcoin price threatens to operate a A huge wave of liquidation. The new data indicates that short sites worth 9.41 billion dollars can be eliminated if Bitcoin reaches an increase of $ 90,000.

Opinion sellers face 90,000 dollars

according to Reports From SETH, formerly X -TV encryption analyst, the market can suffer from another qualifying increase, as short pants are exposed to $ 9.41 billion if Bitcoin reaches $ 90,000. In addition, market data shows a great accumulation of short situations, which can lead to a Short pressure If BTC continues to trade up.

Share Seth Planning with Bitcoin Filtering MapThis indicates that a large size of the short qualifiers ranges between 80,000 dollars and $ 90,000, with the largest risk zone in the end. As a result, merchants should monitor resistance or momentum transformations around this main price range.

if Bitcoin climbs to the level of 90,000 dollarsTraders who are betting on their price can be forced to cover their losses, which leads to high prices. It is worth noting that the short qualifiers occur when traders who are betting on the possibility of high assets are forced to close their sites due to the increase in prices. If the price increases significantly, Open sellers BTC will be forced again in a loss while their intermediaries automatically filter their positions.

Bitcoin
source: Seth on x

The SETH Planning report shows that Filter folders It has increased steadily as bitcoin exceeds the main resistance levels. About a week ago, it was an increase to $ 87,000 to survey $ 77 million in Short Bitcoin positions.

A larger liquidation event was mentioned at $ 90,000, and it is now As a psychological barrier For Bitcoin. Moreover, short pressure can reach the market if BTC reaches this level. This event often brings high fluctuations, as large filter mutations lead to high prices. In addition, forcibly repurchanting the sellers on shorts may accelerate the BTC increase, which leads to more momentum.

According to Coinmarketcap, the price of Bitcoin $ 83,029 is from writing, increasing by 1.12 % over the past 24 hours. Traders are likely to monitor with a market market towards a mark of $ 90,000, which may represent a possible 8.39 % increase over the current market value of the encrypted currency.

The BTC price is paid for $ 94,000

“Crypto Fella”, an expert in the market in X, Warn Bitcoin may face a great task Shook almost. However, as soon as it settles, the tremendous collapse may follow.

With the participation of the price scheme that shows this hacking scenario, the most prominent black -line analyst indicates a A possible decrease in bitcoin price To the purple support and demand area between $ 78,692 and $ 70,000. Once BTC reaches this range, the price is expected to pay the expected goal of the analyst 94,655 dollars.

Bitcoin
BTC trading at $ 84,248 on the 1D graph | Source: btcusdt on Tradingvief.com

Distinctive image from Unsplash, Chart from TradingView.com

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