Bitcoin Eyes $95,000, Threatening $5.8 Billion in Short Liquidations

2025-12-25 05:02

Bitcoin is poised for a potential surge to $95,000 during the Christmas rally, which could lead to the liquidation of $5.8 billion in short positions, according to a Coin Bureau tweet. The cryptocurrency's price movement is closely watched as it approaches key resistance levels, with traders maintaining record short exposure. The anticipated rally could also boost altcoins, which may experience upward momentum if Bitcoin successfully breaks through its resistance. Market participants are on alert for a sharp reversal, as the current trading environment remains volatile.

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