Analyst: BTC long liquidations are concentrated in the $49,000 to $56,000 range
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Odaily reported that Killa posted on the X platform stating that there are currently many long liquidation positions for BTC in the $49,000 to $56,000 range, involving 3x, 5x, and 10x leveraged positions. If a final capitulation wick occurs in the next 1 to 2 months, it may reach this area and mark the bottom.
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