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Bitcoin Bulls vs. $99K Liquidity Trap: The Hidden Risk Behind Leveraged Longs News ETHNews

Summary by ethnews.com
Bitcoin’s $89.3K support breach risks mass sell-offs by short-term whales holding 1,000+ BTC under 155 days. Miner whales’ $58K break-even price historically signals bear cycles; current $90K defense critical for stability. Bitcoin’s price volatility has intensified, with fluctuations between $94,000 and $97,200 this week. Analysts warn that a sustained decline below specific thresholds could signal the start of a prolonged downturn. Current dat…
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ethnews.com broke the news in on Thursday, February 20, 2025.
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