NeutralShort News
From Coinpedia · By Anjali Belgaumkar
Data shows Bitcoin’s largest overhead liquidation cluster sits near $90,000, where leveraged shorts would be forced to close if price touches the level. Smaller clusters over the past two months appear around $83,000 and $75,000, and a move toward either side could speed up Bitcoin’s next move. With price chopping sideways, positions are building on both sides again. The main short-term levels to watch are $84,000 and $85,700, where small squeezes could occur. Beyond those, $82,500 and $87,500 mark the local low and high of the current range.
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