<ul data-eligibleForWebStory="true"><li>Analysts warn that Bitcoin nearing $110K could trigger major bear liquidations as indicated by market liquidity heatmaps showing dense clusters above current price levels.</li><li>Bitcoin has a history of deceptive price moves, leading to liquidity traps just before significant breakouts or sharp declines, catching traders off guard.</li><li>Aggregated heatmaps pinpoint areas of potential liquidations in orange and red, suggesting high short exposure, which could lead to swift buybacks from liquidated bears if prices surge.</li><li>Traders are on the lookout for a breakout below key resistance levels, anticipating automated liquidations and FOMO-driven buying to potentially accelerate Bitcoin's upward momentum.</li></ul>

Bitcoin Nearing $110K Could Trigger Major Bear Liquidations, Analysts Warn

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