<ul data-eligibleForWebStory="false"><li>Bitcoin is currently consolidating just below its all-time high of $112,000, with bulls eyeing a decisive breakout while facing resistance from bears who have increased short positions.</li><li>Despite the rise in short exposure, Bitcoin's price has remained stable around $108,000, indicating resilience against selling pressure in a standoff between bulls and bears.</li><li>The market is split on Bitcoin's next move, with a clean break above $112K potentially triggering liquidations and a surge, while a failed breakout could result in a significant correction.</li><li>BTC is currently consolidating below $109,000, struggling to break through resistance levels, with indicators suggesting a potential breakout as traders closely monitor key levels for a directional bias.</li></ul>

Bitcoin Bears Load Up On Shorts: But Price Holds Steady Above $108K

Discover more