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<ul class="wp-block-list news-points"> 
 <li>Bitcoin has hit a new all-time high at $75,000.</li> 
 <li>If Bitcoin breaks $83,000, a massive $800 million in shorts will be liquidated.</li> 
 <li>Over $525 million in shorts will be wiped off if BTC breaks $76,000.</li> 
</ul> 
Bitcoin (BTC) just hit a new all-time high after months of consolidation, pushing the broader digital asset market into the green. The new BTC ATH stands at $75,011.06, and further price surges could trigger massive liquidations. 
According to the <a href="https://www.coinglass.com/pro/futures/LiquidationMap" target="_blank" rel="nofollow">data</a> from Coinglass, If Bitcoin breaks above $76,000, over $525 million in shorts will be wiped out, according to data from Coinglass. A substantial $670 million in shorts will be liquidated if BTC breaks $77,000, and more than $800 million will be wiped off if Bitcoin surpasses $83,000. 
<a href="https://coinedition.com/bitcoin-poised-for-breakout-as-analyst-predicts-100k-by-q4/">Read also: Bitcoin Poised for Breakout as Analyst Predicts $100K by Q4</a> 
On Binance, the world’s largest crypto exchange by trading volume, a whopping $213 million in shorts will be liquidated if Bitcoin claims the $80,000 price level. This liquidation of shorts will further push the price of BTC higher, as traders will have to buy back BTC to prevent losses. 
As per CoinMarketCap <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow">data</a>, at the time of writing, Bitcoin is trading at …
The post <a href="https://coinedition.com/btc-shatters-all-time-high-75k-breached-more-gains-likely/">BTC Shatters All-Time High! $75K Breached, More Gains Likely</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BTC Shatters All-Time High! $75K Breached, More Gains Likely

Coin Edition

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