↗️$BTC Bitcoin’s Potential Path Explained

Here’s what to expect in the coming moves:

Bitcoin is showing signs of a liquidity hunt, where both long and short positions could be liquidated. The market seems poised to touch $98.9k (possibly stretching to $99.8k) to create excitement and get people hyped about $100k.

Once this euphoria sets in, market makers (MMs) are likely to reverse the move, driving the price back down to the $95-97k range, where there’s a lot of liquidity waiting. This drop could also fill price inefficiencies left behind during recent upward movements.

What This Means:

1. Both Longs and Shorts Are at Risk:

If Bitcoin pumps to $98.9k or higher, traders shorting the market (betting it will go down) could face losses.

Once it reverses and dumps to $95-97k, over-leveraged longs (betting on a continued pump) could also get liquidated.

2. Market Maker Strategy:

Market makers are likely targeting these levels to liquidate traders using high leverage, especially inexperienced ones who get greedy during these volatile moves.

3. Be Cautious:

Avoid using excessive leverage.

Keep an eye on key levels ($98.9k, $99.8k, and $95-97k) and manage your trades wisely.

Summary:

Bitcoin could pump to near $100k to lure in overconfident traders, only to reverse and drop toward $95-97k. This is a classic move to trap both sides of the market. Stay cautious and focus on risk management to avoid being caught in the volatility.

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