Bitcoin’s Critical Price Points: A Turning Point in the Market

Bitcoin’s pricing has been creating significant buzz in the cryptocurrency market. Coinglass data reveals that if Bitcoin’s price dips below $105,000, long positions on major centralized exchanges could trigger a staggering $1.12 billion in liquidations. Conversely, a price rise above $110,000 would expose short positions worth $1.26 billion to potential risk. This highlights the market’s current bipolar tension.