Bitcoin Price Predictions: Liquidation Intensity Set to Surge Below $91,000 and Above $95,000

As of April 23rd, data from Coinglass reveals critical market dynamics surrounding Bitcoin. Should Bitcoin’s price dip below $91,000, the cumulative long liquidation on major centralized exchanges (CEXs) is poised to exceed $1.318 billion. Conversely, a rise above $95,000 would result in a significant short liquidation, potentially reaching $845 million across these platforms. It is essential to note that liquidation charts provide an overview of the relative intensity of liquidation clusters rather than exact contract values. The chart serves to illustrate how price movements influence market reactions, particularly during high volatility periods. Elevated liquidation intensity indicates that reaching these price thresholds can trigger significant market activity, showcasing the interconnectedness of price levels and liquidity events that may impact traders and investors alike.