💰 If #Bitcoin gets above $70,500
Over $7,000,000,000 in $BTC shorts will be liquidated.
The image is a "BTC Liquidation Heatmap" from Coinglass, showing Bitcoin (BTC) price action and liquidation leverage over a three-month period. The graph illustrates that if Bitcoin's price rises above $70,527.21, over $7 billion worth of BTC shorts (leveraged positions betting on the price going down) will be liquidated. The heatmap uses colors to indicate the concentration of liquidation levels, with higher liquidation levels highlighted in green and yellow, showing intense levels at the $70,500 mark.
Bullish 📈📈
