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by: xpoolPosted on: May 27, 2025

Bitcoin Support at $108k Tested as $211 Million in Liquidations Occur

Crypto analysts at Bitunix warn of a potential breakout below the key support level of $108,000 for Bitcoin (BTC). Recent liquidations near this zone amount to over $211 million, with a significant imbalance favoring long positions. This indicates a substantial liquidation event among long-term investors when BTC traded around the crucial $108,000 mark.

Related posts:

  1. Bitcoin’s Price Surge: $7B Short Positions Face Liquidation, Triggering Potential Explosion
  2. Bitcoin Price Movements Threaten $1 Billion in Liquidations, Experts Warn
  3. Bitcoin Plunges 4%, Triggering $670M in Liquidations
  4. Bitcoin Takes Plunge as US-China Tariff Changes Take Effect
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