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Bitcoin Short Positions Face Serious Risk Above $68,500 – Details

  • Bitcoin is currently consolidating below the critical $70,000 level after a volatile week.
  • Analyst Ali Martinez highlights high risk for short positions at $68,500, suggesting price may gravitate towards supply zones.
  • Bitcoin short squeeze may occur as overleveraged positions face potential liquidation.
  • Maintaining awareness of market dynamics and key price levels is crucial as Bitcoin approaches a significant moment.

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