Massive $1 Billion in Liquidations as Bitcoin Taps $87K: What’s Next?

• Bitcoin's price surged to an intraday high of $87,000, marking its highest level since January and pushing its market cap toward $1.8 trillion.
• The rally triggered over $1 billion in liquidations, predominantly affecting short positions, with more than 139,000 traders forced to close their positions.
• Analysts are now focusing on the $88,000 resistance level, with potential targets of $90,000 and $95,000 if Bitcoin maintains momentum above this threshold.

https://cryptopotato.com/massive-1-billion-in-liquidations-as-bitcoin-taps-87k-whats-next/