MemCast
MemCast / episode / insight
$60,000 level identified as liquidation cliff for Bitcoin
  • Traders have marked $60,000 as a red line; a breach would unleash a cascade of margin calls.
  • The concentration of long positions above this level makes the price highly vulnerable.
  • Market participants should monitor order‑book dynamics around this threshold.
PaulBloomberg Television01:22:45

Supporting quotes

TRADERS HAVE A NEW RED LINE IN SIGHT FOR BITCOIN AT $60,000. Paul
THERE WILL BE A LOT OF LIQUIDATIONS AND IT'S PUBLIC AS OPPOSITE TO WHERE THE LONG POSITIONS ARE AT. Paul

From this concept

Bitcoin $60K Liquidity Trigger

Analysts flag the $60,000 level as a critical liquidation point for Bitcoin, with support expected near $50-$55k if the price breaks lower.

View full episode →

Similar insights