Bitcoin late longs wiped out as sub-$110K BTC price calls grow louder – MAXBIT

Bitcoin leveraged positions grew over the past 24 hours, and many of these late longs have been wiped out as the BTC price dropped below $112,000.

Key takeaways:

Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday.

$108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000.

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