Bitcoin’s Fateful Moment: $50,000 Decides the Next Market Move

Bitcoin is teetering on the edge of a potential major sell-off as its price hovers near a critical liquidation threshold of $50,000, according to data from Coinglass. At the time of writing, Bitcoin is priced at $55,500. However, Coinglass data indicates that leading exchanges could liquidate approximately $870 million worth of long positions if BTC’s […] source: https://coinedition.com/bitcoins-fateful-moment-50000-decides-the-next-market-move/