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Analyst: BTC long positions are being liquidated primarily in the $49,000 to $56,000 range
Svmuu News: Killa posted on X, stating that there are currently a significant number of long position liquidations in the $49,000 to $56,000 range for BTC, involving positions with 3x, 5x, and 10x leverage. If a final capitulation spike occurs in the next 1 to 2 months, it could test this range and signal a bottom.
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