US$ 7 billion in SHORT will be liquidated if Bitcoin hits $80,000.
This is called liquidity above the price.
When shorts are liquidated, the system automatically buys $BTC to close the positions.
This creates the domino effect called short squeeze.
Price rises → shorts liquidate → more buying → price rises more.
The market rises on the pain of those who bet wrong.
Now the question is simple:
Which side are you on? 🐻 or 🐂?
This is called liquidity above the price.
When shorts are liquidated, the system automatically buys $BTC to close the positions.
This creates the domino effect called short squeeze.
Price rises → shorts liquidate → more buying → price rises more.
The market rises on the pain of those who bet wrong.
Now the question is simple:
Which side are you on? 🐻 or 🐂?