Massive Liquidation Alert: $95.7K $BTC Short Wiped Out at $96,603.50!
A $95,700 short position on Bitcoin (BTC) has been liquidated at $96,603.50, as the market’s bullish momentum shows no signs of slowing.
This liquidation underscores Bitcoin's power to defy bearish sentiment, surging toward critical psychological levels.
Key Highlights:
Liquidation Size: $95,700
Liquidation Price: $96,603.50
Market Sentiment: Short squeeze sparks volatility, signaling increasing confidence among bulls as $BTC approaches the $100K milestone.
This event highlights the danger of shorting during a strong uptrend. Such liquidations can act as fuel for further rallies, as bears are forced to cover their positions, adding to the upward pressure.
Trader Takeaway:
In markets like $BTC timing is crucial. Over-leveraged positions face heightened risks, especially during high-momentum periods.
Stay alert to key support and resistance levels, and maintain disciplined risk management.
With bullish sentiment dominating, BTC's march toward this historic level seems within reach.
Keep your eyes on the charts for the next explosive move!