Bitcoin Price Surge: $5.7 Billion Liquidation Potential on Binance

Bitcoin is approaching a pivotal moment that could trigger significant market changes. Analysts predict a potential short squeeze, with the price nearing levels exceeding $123,000 potentially leading to over $5.7 billion in liquidations on Binance, one of the world’s largest cryptocurrency exchanges. 💰 This level has become a critical point for traders, who are closely watching Bitcoin’s movements. The recent surge is attributed to increased whale activity on the platform and shifting dynamics in the market.