š„ Bitcoin shakes the market again by reaching $95,000, leaving a trail of liquidations totaling nearly $600 million in just 4 hours. š±
š Leveraged positions are the big victims of this rollercoaster, with traders forced to exit as BTC continues to show its characteristic volatility.
š” What does this mean?
Warning for traders: Leverage can be a double-edged sword in such dynamic markets.
Opportunity for strategists: With each massive liquidation, new players enter the market, anticipating the next big rise.
š Whatās next for Bitcoin?
Will we see a consolidation at these levels or a bounce towards $100,000?
With the pressure from shorts and uncertainty in the market, the coming days will be crucial.
š CryptoChipa keeps you updated on all movements. Follow us for more analysis and strategies in this exciting market!
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