Bitcoin Takes the Lead! $95.7K in Shorts Liquidated at $96,303.50
The king of crypto, Bitcoin ($BTC ), just delivered a knockout blow to bearish traders by liquidating $95.7K in short positions at an incredible price of $96,303.50!
This surge showcases BTC’s dominance and hints at more action ahead as the market heats up.
What Could Happen Next?
1️⃣ Key Support: If $BTC stays above $96,000, it could solidify this level as a foundation for another rally.
2️⃣ Resistance Zone: Bulls have their eyes on the big milestone—$100,000, which could trigger a psychological buying spree.
3️⃣ Volatility Alert: Big moves like this often bring swings. A pullback to around $95,000-$95,500 could be healthy before the next push.
Opinion: The momentum is strong, but entering near all-time highs requires caution.
Waiting for a retest of support or a clear breakout above resistance might offer safer opportunities.
Is BTC gearing up to smash through $100K, or will bears try to claw it back?
Let’s hear your predictions!
