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Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

2026-02-21

Bitcoin bears at risk of $600M liquidation, raising chance for rally to $70K

Despite bearish pressure and weak US economic data, Bitcoin’s recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.

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