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Bitcoin has been hovering around $82,300 recently, but looking at the liquidation heatmap reveals an interesting picture. There’s liquidity in the $81,000 to $81,800 zone, and it seems to be acting as support.
What’s catching my attention is the upper range. There’s a significant concentration of short positions between $88,000 and $91,500. If Bitcoin enters an uptrend, this short liquidation zone on the heatmap could become a prime target.
For now, it’s sideways, but if it breaks above this range, $91,500 could be a key level. Watching the liquidation heatmap makes it easier to anticipate price movements, so those tracking Bitcoin might find it helpful to keep an eye on it.