Bitcoin At $72K Sets $1.5B Liquidation Cascade, Willy Woo Predicts What's Next
WikiBit 2024-06-05 18:20
The cryptocurrency market recently underwent a notable correction, leading to a sharp decline in the
The cryptocurrency market recently underwent a notable correction, leading to a sharp decline in the global crypto market cap. This downturn aligns with insights from the Bitcoin Liquidation Heatmap, highlighted by renowned analyst Willy Woo. His analysis suggests a potential $1.5 billion Bitcoin short liquidation if BTC hits the crucial $72,000 mark. Currently, Bitcoin (BTC) is priced at $70,959.96, with a 24-hour trading volume of $36.5 billion. Despite recent volatility, Bitcoin has surged by 2.85% in the past 24 hours, indicating a significant recovery.
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