Glassnode Co-Founder Warns: Bitcoin’s Surge Could Trigger A $1 Billion Liquidation Event – Here’s Why
Negentropic revealed that BTC’s recent ascent above $42,200 has created a significant liquidity pool for long positions, marked by a “neutral impulse” in the market.
This trend indicates that Bitcoin aims to bridge the liquidity gap above the $42,000 mark, which hints at potential volatility and significant market changes.
https://www.tradingview.com/x/teRmYnKD/
Shaun
npub147…0selt
2024-01-31 15:53:49
Author Public Key
npub147whqsr5vsj86x0ays70r0hgreklre3ey97uvcmxhum65skst56s30seltPublished at
2024-01-31 15:53:49Event JSON
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"content": "Glassnode Co-Founder Warns: Bitcoin’s Surge Could Trigger A $1 Billion Liquidation Event – Here’s Why\n\nNegentropic revealed that BTC’s recent ascent above $42,200 has created a significant liquidity pool for long positions, marked by a “neutral impulse” in the market.\nThis trend indicates that Bitcoin aims to bridge the liquidity gap above the $42,000 mark, which hints at potential volatility and significant market changes.\n\nhttps://www.tradingview.com/x/teRmYnKD/\n",
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