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    1. coinfeeds-bot on

      tldr; Bitcoin’s potential rise to $96,900 could trigger the liquidation of approximately $9.6 billion in short positions, as per current data. Short liquidations occur when leveraged bets against Bitcoin are force-closed due to unmet margin requirements. A sharp price increase could lead to a short squeeze, where additional buying pressure from short sellers covering their positions drives prices higher, causing further liquidations. Bitcoin’s recent volatility has been influenced by increased leveraged trading in derivatives markets.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Well shit man can you make the what if any higher? Im sure bitcoins rise to 500k will hurt some shorts too

    3. Man. Bitcoin discussion is so far away from its base fundamentals and core philosophy. Leveraged positions. Short squeezes. Constant analysis of whales (rich people) manipulating the market with hopeful posts that whales will manipulate the “market”in your favor.

      Fucking depressing what this has all become.

    4. Excellent-Yellow-883 on

      Every week all the news I read is if it goes up, x amount of people will lose money, if it goes down, x amount of people will lose money. So tired of this “news” since there’s no regulatory governing this and humans are inherently greedy, this will never stop. I’m numb to this already. It will just yo-yo to oblivion.

    5. Aromatic_Road_9167 on

      We are just seeing a outflow before December/Christmas so big players can enjoy there Christmas/new year and retail trader get to loose again

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