🔥🔥 Bitcoin key price level triggers over 1 billion in liquidations, Bull vs Bear Battle intensifies.

On August 16, according to Coinglass data, the current Bitcoin price is in a critical battle zone, with two major price levels that will trigger massive liquidations:

💥Downside Risk: If the Bitcoin price falls below $116,000, the cumulative long liquidation scale on mainstream CEX will reach $1.041 billion, and long positions will face concentrated liquidation pressure.

💥If Bitcoin breaks through the $119,000 integer level, the cumulative short position liquidation intensity on mainstream CEX will reach 1.014 billion.

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