CandleFocus

Huge Bitcoin Liquidations Pile Up at $91,500, Volatility Expected Around CME Gap

The cryptocurrency market is bracing for increased volatility as Bitcoin shows signs of a potential price rise. Analysts warn that if Bitcoin reaches $91,500, it could result in $74.11 million in liquidations. The situation is further compounded by a CME gap at $91,042, which historically has influenced market movements. These two factors combined contribute to the market's volatility and may push up the price of Bitcoin.

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