Bitcoin News Today: Bitcoin Nears $120K as $18B Short Liquidations Loom on 10 Price Gain

Generated by AI AgentCoin World
Sunday, Aug 10, 2025 7:56 pm ET1min read
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Aime RobotAime Summary

- Bitcoin nears $120,000 as a 10% price rise could trigger $18B in short liquidations, signaling concentrated bearish positions.

- Institutional traders monitor key resistance levels amid heightened volatility, with on-chain data showing $116,877 trading range.

- Analysts warn of sharp corrections from short squeezes despite bullish momentum, citing macroeconomic risks and compressed volatility.

- Market uncertainty grows over altcoin momentum vs. Bitcoin dominance as institutions weigh support for the upward trend.

Bitcoin’s price continues to rally toward the $120,000 level, sparking growing concerns among market participants regarding the potential for significant short liquidations and heightened volatility. According to recent analysis, a 10% price increase from current levels could result in over $18 billion in short liquidations, indicating a high concentration of bearish positions in the market [1]. This development has drawn attention from institutional traders, who are monitoring key resistance levels as

Bitcoin
edges closer to this critical threshold [2].

The market remains in a state of heightened sensitivity, with a generally positive sentiment despite recent price fluctuations. Large-cap cryptocurrencies have shown renewed strength, and there are signs of increased institutional activity, which could further amplify upward pressure on Bitcoin’s price [3]. On-chain data and technical indicators suggest that Bitcoin is trading around $116,877, with signs of recovery after a brief correction. A breakout above key resistance on the 4-hour chart could reinforce the

bullish
momentum currently in play [4].

Analysts caution that the potential for a sharp price correction due to short liquidations is a significant risk factor. While the current trajectory for Bitcoin is optimistic, macroeconomic uncertainties and broader market dynamics could introduce turbulence in the near term [5]. The recent period has seen relatively compressed volatility, raising questions about whether altcoins will continue to gain momentum or if Bitcoin will reassert dominance as it nears the $120,000 level [6].

With over $18 billion in short positions at risk of being triggered by a 10% price increase, the market is entering a potentially volatile phase. Institutional players are closely watching whether they will continue to support the upward trend or if profit-taking and liquidation events might temporarily disrupt the rally [1]. Traders and investors are advised to maintain a cautious approach and consider strategic adjustments to their positions as the situation develops.

[1] AInvest

Title: Bitcoin News Today: Bitcoin near $120000 as 10% rise ...

URL: https://www.ainvest.com/news/bitcoin-news-today-bitcoin-120-000-10-rise-trigger-18b-short-squeeze-2508/

[2] AInvest

Title: Bitcoin Near $120K As $18B Short Liquidations Loom With ...

URL: https://www.ainvest.com/news/bitcoin-news-today-bitcoin-120k-18b-short-liquidations-loom-10-price-gain-2508/

[3] CryptoDnes.bg

Title: Layer 2: News & Updates - CryptoDnes EN

URL: https://cryptodnes.bg/en/tag/layer-2/

[4] TradingView

Title: Trading Ideas and Technical Analysis From Top Traders

URL: https://www.tradingview.com/ideas/page-7/

[5] Facebook

Title: Bitcoin Price Outlook and Its Impact on Altcoins: What Does ...

URL: https://www.facebook.com/groups/111606076179443/posts/1654649891875046/

[6] Binance

Title: Top

XRP
News News Today | Binance Square

URL: https://www.binance.com/en/square/news/xrp-news