Bitcoin's climb toward the $120,000 mark has once again sparked worries about the risk of large-scale short liquidations. Experts caution that if Bitcoin moves past $110,000, centralized exchanges could see as much as $1.51 billion in short positions erased. This estimate is based on recent price swings and liquidity shifts as
The latest price movements have brought renewed focus to critical resistance points. Analyst CrypNuevo, who maintained a perfect record in 13 trades before the October downturn, pointed out that Bitcoin could set its sights on $121,000—a level shaped by liquidity pools during the October volatility, as highlighted by Yahoo Finance. Still, the journey to that target is unclear, as the market must first overcome the "CME gap" near $115,000. Traders are monitoring for a decisive move above this area, which could indicate continued bullish strength, Yahoo Finance adds.
At the same time, Bitcoin ETFs have emerged as a measure of institutional sentiment. Data from CoinShares reveals that Bitcoin ETFs attracted $931 million in net inflows over the last week, with iShares and Fidelity leading the way, according to
The threat of liquidation is tied to the persistence of short positions. Should Bitcoin exceed $110,000, it could set off a wave of forced liquidations on centralized exchanges, given the heavy concentration of shorts at that level. This scenario matches previous patterns, where sharp price surges have triggered swift margin calls. For reference, Bitcoin's drop to $104,000 in October led to widespread panic, according to
Security risks continue to cast a shadow over market optimism. WhiteBit's 2025 report found that social engineering scams made up 40.8% of crypto security breaches, with phishing and impersonation schemes costing users billions, according to
Ethereum's challenges stand in stark contrast to Bitcoin's momentum. Even after surpassing the $4,200 resistance, ETH ETFs are seeing outflows, with BlackRock's ETHA and Grayscale's ETHE losing $550 million in October, according to TradingView. This trend highlights Ethereum's struggle to compete with Bitcoin's appeal among institutional investors.
As Bitcoin approaches $115,000, attention is turning to whether it can maintain its upward drive without prompting a pullback. With $400 million in fresh Bitcoin staking and corporate acquisitions by companies like