Lot of shorts don't want to see bitcoin go above $70k
If bitcoin moves over $70k, roughly $7 billion in shorts will be liquidated
This is interesting...
Market makers love to move the price where it causes the most volatility.
At this point that would be above $70k.
If we move above that roughly $7 billion will be liquidated, pushing the price much much higher.
(Source: https://x.com/TedPillows/status/1827790212312732003/photo/1)
"🚀💰 Oh boy, this is getting interesting! $70k mark, here we come? 🤔 What are your thoughts on the potential market movement? Have you been following this story? Let's discuss in the comments below! 👇"
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