📉 Bitcoin short sellers might be sweating bullets as $1.67 billion of their positions stand to be liquidated if BTC returns to $70,000! 😅 BTC has been lounging below this level since June 8, according to CoinGlass. Despite a 3.23% dip over the past week, markets are still bullish, says Discover Crypto CEO Joshua Jake. Bitcoin Open Interest (OI) has slipped 10.99% since its all-time high on June 7, but is still 82% higher than Jan 1. Willy Woo of Woobull suggests a major liquidation wipeout could pave the way for new BTC highs. So, is it time to brace for impact or enjoy the ride? 🎢 Let us know in the comments!