Bitcoin at $105K: Will Longs Face a $250M Liquidation?

Bitcoin hovers near $105K as weekly close nears. A drop below could trigger $250M in long liquidations.

  • Bitcoin price holds near $105,000 before weekly close
  • A fall below $105K may cause $250M in long liquidations
  • Key liquidation zones lie between $103K and $100K

Bitcoin is trading around the $105,000 mark, a level that is drawing intense market attention as the weekly close approaches. Traders and analysts are closely monitoring this price point, as it could determine the next major move for the leading cryptocurrency.

A sustained dip below the $105K support could have serious consequences for bullish traders. Market data indicates that a drop beneath this threshold could result in over $250 million in long position liquidations. This would be a significant blow for leveraged traders betting on continued price gains.

Key Liquidation Zones Highlight Bearish Risk

According to on-chain data and trading platforms, major liquidation zones are stacked between $103,000 and $100,000. These are areas where a large number of traders have placed their long positions, expecting Bitcoin to rebound. If prices breach these zones, cascading liquidations may occur as stop-losses and margin calls are triggered.

Such liquidations often lead to sudden price drops, amplifying the downward pressure. This is especially dangerous in highly leveraged markets where even small price changes can have exaggerated effects.

What Traders Should Watch Next

The coming days will be critical. A bounce above $105K with strong volume could restore confidence among bulls and reduce immediate liquidation risk. On the other hand, a breakdown below $105K could trigger a chain reaction that tests the lower end of the liquidation zone near $100K.

Market participants are advised to keep a close eye on volatility indicators and prepare for rapid price movements. As always in crypto, risk management is key—especially when the charts are signaling potential stress points.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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