The post Bitcoin Faces $56 Million Liquidation Challenge; Will BTC Price Hit The $49K Mark appeared first on Coinpedia Fintech News Cheeky Crypto recently reported a surge in Bitcoin liquidations, totaling $56 million, with 62.85% attributed to short positions. The market witnessed significant volatility, experiencing a downward move followed by an upward swing, presenting opportunities for traders. The report highlights the recent market dynamics, stressing a potential correction in Bitcoin’s price. The analysis points to a …