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CoinGape

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Business & Economics

3 Key Liquidation Levels, 1 Critical Reason Predict Why Bitcoin Price Will Crash Soon

CoinGape
Summary
Nutrition label

63% Informative

Bitcoin (BTC) rose 5.01% on Wednesday , setting up the daily high at $ 86,990 , ending weeks of consolidation.

Liquidation heatmap model suggests that Bitcoin price may crash soon, with three key liquidity levels to the downside harboring over $3 million in liquidity.

Spot buyer CVD is dropping, indicating that spot buyers are actively selling, which adds credence to a potential bearish reversal for Bitcoin price.

VR Score

41

Informative language

27

Neutral language

64

Article tone

formal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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