High-Stakes Liquidation Looms: Bitcoin's Next Move Could Trigger Billions in Longs or Shorts

If Bitcoin experiences a 10% increase, approximately $1.7 billion in short positions will be liquidated.

Conversely, a 10% drop in Bitcoin would lead to the liquidation of $3.2 billion in long positions. The question is, which direction will Bitcoin take?

In the political sphere, the probability of Harris taking over is being speculated, as funds supporting Trump have decreased from 66% three days ago to 55% today, with a continued downward trend.

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