BTC long liquidations rose to their highest position since August 2022. Analysts believe that a decline in BTC’s price is imminent. Following the sharp decline in Bitcoin’s [BTC] price in the early trading hours of 3 March, long liquidations soared to a seven-month high, data from Coinglass showed. The drop in value was triggered by
![Bitcoin’s [BTC] price struggles continue as analysts warn of further drop](https://images.cryptocompare.com/news/default/ambcrypto.png "Bitcoin’s [BTC] price struggles continue as analysts warn of further drop")
