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Bitcoin Faces $708M Liquidation Cascades at Key Support and Resistance

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The Story

News Summary

  • Coinglass data indicates balanced liquidation leverage for Bitcoin.
  • A breakout above $83,403 triggers $708 million in cumulative short liquidations, while a slide below $76,269 would liquidate an identical $708 million in long positions across major centralized exchanges.
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79124.90 +20.10% over the displayed period

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