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Bitcoin Smashes All-Time Highs as $1B in Shorts Get Liquidated: $130k Next?

  • Bitcoin reached a new all-time high, leading to $1 billion in liquidations in the market.
  • Analysts speculate that prices could surge further to $130k before encountering significant profit taking.
  • Bitcoin's success hinges on macroeconomic stability as any shocks could reverse the current bullish sentiment.
  • Despite the potential for continued growth, risks remain, with $2.1 billion in long positions vulnerable to market fluctuations.

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