Renowned crypto analyst Ali Martinez has issued a warning regarding potential liquidations amounting to $33 million on derivative exchanges if Bitcoin‘s (CRYPTO: BTC) price reaches $70,190. What Happened: Martinez, a popular figure in the field of technical and on-chain crypto analysis, shared this alert via X, formerly known as Twitter. He pointed out that these potential liquidations would be set off if Bitcoin’s price ascended to the specified target. He said, “Around $33 million will be liquidated across derivative exchanges if #Bitcoin jumps to $70,190!” Price Action: At the time of writi…