Bitcoin Liquidity Squeeze Could Trap Both Bulls and Bears Before Its Next Rally, Analysts Warn

Story Highlights* Crypto analyst Seth says Bitcoin has cleared $1.16 billion in long liquidations and could target a $4.14 billion short squeeze near $62,000.

  • Ali Martinez warns that a drop to $50,000 could trigger another $70 million in long liquidations.
  • Historically, July has been one of Bitcoin's strongest months, delivering an average 7% return.
BTC-0.55%
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