Bitcoin Liquidation Risk for $113K–$119K Thresholds
Data from Coinglass and COINOTAG charts dey show concentrated Bitcoin liquidation clusters for key price thresholds. If price drop below $113,000–$116,000, e fit trigger about $690 million–$1.04 billion for long position liquidation. On the other hand, if e break pass $117,000–$119,000, e go fit make about $558 million–$1.014 billion short position close.
These liquidation levels na areas where market liquidity stress plenty and fit make price get big wahala. Tall bar for intensity chart show places where quick, heavy liquidation fit make price move sharply. Traders suppose dey watch Bitcoin liquidation thresholds well to identify entry and exit points for short-term strategies.
Neutral
Di liquidation thresholds dem wey outline balance risk for both side for Bitcoin. If e pass di $117K–$119K range fit cause short squeezes and price go spike up, but if e drop below $113K–$116K e fit force heavy long liquidation and put pressure down. For short term, if dem break dis levels e fit cause sharp volatility and quick price movement. For long term, market fit return to balance around dis critical zones unless one side strongly dominate. So, dis news na neutral be dat e show di same bullish and bearish effects.