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Could the recent market turbulence and potential for a 'cascade of margin calls' significantly impact the price of Bitcoin, potentially driving it down to the $13,000 mark? Given the interconnected nature of financial markets and the inherent volatility of cryptocurrencies, are there sufficient indications that <a href="https://www.btcc.com/en-US/academy/crypto-basics/what-is-leverage-in-cryptocurrency-how-can-i-trade-at-100x-leverage" title="Leveraged">Leveraged</a> positions and margin trading are now a significant factor in Bitcoin's price movements? Should investors and traders be concerned about the potential for forced liquidations and a subsequent drop in the market capitalization of Bitcoin, or is this merely a theoretical scenario unlikely to materialize in the current market conditions?
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