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Bitcoin reaches 1,533 % liquidation defects in only 4 hours

Bitcoin has seen a major shift in daily liquidation because the last price of BTC places bulls on the safest side.

Specifically, Bitcoin witnessed its total qualifiers of 102.35 million dollars in a few hours, with a total of $ 95.96 million, according to what it said Data From Coinglass.

During this massive liquidation event, only $ 6.38 million was seen coming from long positions, representing a remarkable difference – about 1533 % in favor of one of the parties.

With the presence of BTC short situations, suddenly eliminated at a rate of 1533 % higher than long situations, this important liquidation imbalance occurs in favor of Bitcoin Bulls reflects strong confidence in the future basic procedure of Bitcoin despite the uncertainty in the continuous encryption market.

Meanwhile, the data also revealed that about half a million dollars were recorded in the BTC qualifiers in one hour.

With the presence of betrayals who turn the situations this time, long sites were seen covering most of the liquidation during this period.

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This time, 547.42 thousand dollars of the total liquidation amounting to 552.13 thousand dollars has been transferred through long jobs. With only 4.71 thousand dollars, it seems that the market has witnessed a sudden shift in feelings as the market begins to show negative signals.

As such, Bitcoin is slowly eliminated on the bullish plate with a sudden reflection.

With Bitcoin mixed coins on Friday, a short boom witnessed in the last hours of the day, which was suddenly reversed as the price was only 0.58 %, which exposes long sites of danger.

Although Bitcoin has shown flexibility about the 107,000 dollar sign, moving slowly about $ 108,000 during the filtering session, it seems that investor confidence is weakening because they feel nervous about what will come for Bitcoin price.

The sudden decrease in the price of bitcoin, which witnessed the movement of the liquidation for an hour in favor of the bears, has merchants preparing for more disturbance at the weekend.

However, bitcoin dealers warn that the huge filtering imbalance that prefers long positions may actually end.

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