$BTC current price as of today, November 28, 2024, is approximately $95,448.45.
This is slightly higher than the liquidated long position of $79.2K at a price of $95,250.00, marking a minimal recovery in the market.
This liquidation highlights the volatility in Bitcoin's trading.
Despite the recent slight upward movement, $BTC remains in a precarious position as it flirts with historical resistance levels near $95,000.
The market's response reflects growing tension as traders anticipate whether BTC will solidify gains or face a correction.
Such events are a stark reminder of the risks associated with leveraged trading, particularly in unpredictable markets like crypto.
For traders, maintaining risk management strategies is critical when engaging with such highly liquid and volatile assets.
#BSCOnTheRise #MarketInTheGreen #GDPSteadyPCE2.1Down #MarketBuyOrHold?