{"id":574334,"date":"2024-02-10T05:19:44","date_gmt":"2024-02-10T05:19:44","guid":{"rendered":"https:\/\/wncen.com\/?p=574334"},"modified":"2024-06-11T08:33:00","modified_gmt":"2024-06-11T08:33:00","slug":"bitcoin-price-faces-threat-as-analyst-foresees-55-million-liquidation","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-faces-threat-as-analyst-foresees-55-million-liquidation\/","title":{"rendered":"Bitcoin Price Faces Threat As Analyst Foresees $55 Million Liquidation"},"content":{"rendered":"
According to data from CoinMarketCap,<\/a> Bitcoin (BTC) has maintained its upward price trajectory<\/a> over the last day, gaining by 4.04% to briefly trade above the $48,000 mark. As BTC now hovers around the $47,100 price zone, investors and market experts remain highly speculative about the token’s next action. On that note, popular analyst Ali Martinez has called a major prediction that could spell weighty losses for many investors.\u00a0<\/span><\/p>\n In an X post on Friday<\/a>, Martinez predicted an incoming dip in Bitcoin\u2019s price driven by a planned liquidation. Using data from the cryptocurrency futures trading platform, CoinGlass, the analyst stated the Bitcoin liquidation heatmap indicated that there is potential strategic liquidation in play.<\/span><\/p>\n According to the #Bitcoin<\/a> liquidation heatmap, there’s a potential strategy unfolding where liquidity hunters could drive the price of $BTC<\/a> down to $45,810. This move is aimed at triggering liquidations amounting to $54.73 million! pic.twitter.com\/monFlZmvQ6<\/a><\/p>\nLiquidity Hunters Target $45,810 In Potential Bitcoin Price Manipulation Plot\u00a0<\/strong><\/h2>\n
\n