The supply and demand imbalance in Bitcoin futures is leading to liquidations and causing a "revenge rebound," which could push the BTC price up to $90,000. As the price declines to around $81,000, Bitcoin's short positions continue to increase, fueling further liquidations. This buildup of short positions may trigger a powerful revenge rebound, causing the price to surge past $90,000 once again. The ongoing imbalance creates a volatile cycle where the pressure from short positions and liquidations could result in a sharp upward movement, potentially leading to a significant rally in Bitcoin's price.
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The supply and demand imbalance in Bitcoin futures is leading to liquidations and causing a "revenge rebound," which could push the BTC price up to $90,000. As the price declines to around $81,000, Bitcoin's short positions continue to increase, fueling further liquidations. This buildup of short positions may trigger a powerful revenge rebound, causing the price to surge past $90,000 once again. The ongoing imbalance creates a volatile cycle where the pressure from short positions and liquidations could result in a sharp upward movement, potentially leading to a significant rally in Bitcoin's price.