$BTC Bitcoin will recover and rise above $99,000 again; over $1.28 billion in short BTC positions could be liquidated. A breakout above $100,000 could trigger an even more significant liquidation of $2.14 billion in short positions $BTC . And if the cryptocurrency manages to exceed $104,000, establishing a new all-time high, a colossal $3.75 billion in short BTC positions could be wiped out.
It is important to note that if the price of Bitcoin falls to $90,000, long positions in BTC worth a massive $1.64 billion will disappear from the digital asset space, which could further decrease prices.
