#Bitcoin Market on the Edge: Liquidation Looms ๐
$BTC is currently trading at $58,150. A 5% price move either way could trigger significant liquidations ๐:
๐ผ Up 5%: $1 billion worth of shorts could be liquidated.
๐ฝ Down 5%: $840 million worth of longs could be liquidated.
This shows just how volatile the market is right now. ๐ข๐ถโ๐ซ๏ธ Keep an eye on #BTC 's price movements! DYOR! โ ๏ธ #liquidation