$BTC Long Liquidation: $474K at $96,249.00
$474K Long Position Liquidated at $96,249.00 – A massive long liquidation just hit the #BTC market at $96,249, shaking out traders who were betting on further upside.
Market Analysis:
• Support Level: Watch for support around $92,000 if the price continues to dip.
Resistance Zone: $98,000 will be a key level to watch for a possible breakout.
• Next Steps:
If BTC tests the support around $92,000, it could offer a potential entry point for long trades.
However, wait for a confirmation above $98,000 to signal stronger bullish momentum.
Keep your risk management tight!
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