As the price of Bitcoin continues to climb, the likelihood of substantial liquidations of short positions also rises. Crypto analyst Crypto Cover has revealed that if Bitcoin hits the $74,000 mark, more than $7 billion worth of short positions could be liquidated. This serves as a stark reminder of the considerable financial repercussions that come with the inherent risks and inaccurate market forecasts associated with the cryptocurrency industry. Stay up-to-date with the latest technology news by visiting NEWSLINKER.
