Bitcoin Price Surge to $75,000 Exposes $5B Short to Liquidation, What Next?

Bitcoin, the leading cryptocurrency, has recently witnessed a tumultuous journey in its price trajectory. After enduring a period of bearish sentiment, there has been a notable resurgence, propelling Bitcoin predictions towards the much discussed $75,000 threshold. However, amidst this fervent optimism, cautionary flags are being raised by industry analysts. They highlight the looming specter of significant liquidations should Bitcoin breach the $75,000 mark.