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BTCUSD
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Bitcoin back over $114k after largest crypto liquidation ever. But a choppy road lies ahead

1. Cryptocurrency market saw a $19 billion liquidation on Friday. 2. Bitcoin rose 6.9% from Sunday low, still 9.2% below record high. 3. Market volatility suggests a challenging recovery path for cryptocurrencies. 4. New tariffs by Trump on China sparked the selloff in risky assets. 5. Increased volatility in bitcoin options indicates potential future turbulence.

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FAQ

Why Bearish?

The increases in volatility and market uncertainty create a risk for BTCUSD. Historically, external shocks like trade tensions have significantly affected crypto prices.

How important is it?

The article discusses significant liquidity issues that could impact short-term BTCUSD price movements. Market sentiment is currently influenced by macroeconomic factors.

Why Short Term?

Market sentiment may shift rapidly due to ongoing geopolitical issues. Similar past incidents have led to quick market corrections.

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