Bitcoin’s Critical Levels: $91,000 Break Could Trigger $974 Million Short Liquidation

According to recent data from Coinglass, the cryptocurrency landscape is poised for significant shifts as Bitcoin approaches critical price thresholds. If Bitcoin manages to surpass the $91,000 mark, we could see a staggering $974 million in cumulative short liquidations across mainstream centralized exchanges (CEX). Conversely, a decline below $88,000 may trigger an equivalent of $666 million in long liquidations. It is important to note that the liquidation chart does not denote exact contract figures or values; rather, it illustrates the intensity of liquidation clusters relative to one another. Essentially, the height of the bars indicates the potential market reaction at critical price levels, with elevated liquidation bars reflecting more pronounced movements in the market as liquidity cascades occur.