Bitcoin Price Update: Bitcoin Faces $657M Long Liquidation Risk if $114K Breaks

The post Bitcoin Price Update: Bitcoin Faces $657M Long Liquidation Risk if $114K Breaks appeared first on Coinpedia Fintech News

Bitcoin price today touched $116,181 before slipping back under $115K, showing heavy resistance at higher levels. Top Analyst Doctor Profit believes this quiet phase could be hiding bigger moves, with a possible test of $125K ahead. 

With the Fed’s rate cut decision just around the corner, traders now wonder, will Bitcoin break out or face another sharp drop?

After testing resistance near $116,500, but failed, showing that this level is a strong barrier. According to Doctor Profit, many retail traders bought between $117,000 and $122,000, which means a lot of them are still stuck in losses. 

#Bitcoin – Stock Market What’s Next?

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