Just noticed Bitcoin's been testing some key resistance around the 80K mark lately. There's apparently around 200 million in short positions that could get liquidated if we push higher from here. That's a pretty significant amount of liquidation risk sitting at these levels.



Seems like we're at one of those inflection points where the price action could go either way. If shorts start getting squeezed, that could accelerate a move upward pretty quickly. On the flip side, if we pull back, those stops might provide some support.

Interesting to watch how this plays out over the next few days. The USD price movements have been pretty volatile lately, so wouldn't be shocked to see some sharp moves in either direction. Anyone else watching these liquidation levels?
BTC-0.75%
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