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Bitcoin (BTCUSD) Poised to Soar as Low Sell Pressure and $3B Short Liquidation Threat

CryptoPotato Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin trades near $115,500 as sell-side risk ratio drops below 0.1%, indicating accumulation.
  • Analysts flag $117K where $3B of shorts could liquidate, potentially fueling a stronger rally into 2025.
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Stored market data

BTCUSD price history

76432.33 +14.09% over the displayed period

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