The imbalance in Bitcoin futures is triggering a liquidation revenge rally, with the BTC price potentially rising to $90,000. As the price drops close to $81,000, Bitcoin short positions continue to accumulate, increasing the likelihood of fueling liquidations and creating a revenge rally that pushes the price back above $90,000.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The imbalance in Bitcoin futures is triggering a liquidation revenge rally, with the BTC price potentially rising to $90,000. As the price drops close to $81,000, Bitcoin short positions continue to accumulate, increasing the likelihood of fueling liquidations and creating a revenge rally that pushes the price back above $90,000.