Bitcoin’s Critical Price Points: Insights on $102K and $105K Liquidation Levels

Recent analysis from COINOTAG highlights critical thresholds for Bitcoin’s price as of May 16th. According to Coinglass data, Bitcoin’s potential decline below $102,000 could trigger a cumulative long liquidation exceeding $1.148 billion across major centralized exchanges (CEXs). Conversely, if Bitcoin manages to breach the $105,000 mark, this could result in a cumulative short liquidation intensity reaching approximately $0.821 billion. It is important to note that the liquidation chart does not provide precise figures of contracts pending liquidation, nor does it detail the exact values involved. Instead, the chart illustrates the relative intensity of liquidation clusters, indicating how significant price levels could dramatically influence market dynamics. Elevated liquidation bars signify that crossing these price thresholds may incite substantial market reactions, often leading to a liquidity cascade.