@rinakhatun38800
Bitcoin traders are on the verge of a $385 million liquidation if the price of the main cryptocurrency falls to $60,000. With the price of Bitcoin trending lower and volatility rising, the cryptocurrency market is in a difficult position.
The Coinglass chart shows a large number of long positions at $60,000. This could lead to a further correction in the price of Bitcoin as these traders are forced to sell the cryptocurrency.
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