The recent decline in Bitcoin's price can be traced back to the US employment data, but when we analyze the liquidation chart, it's clear that the rapid drops are directly targeting densely concentrated areas of holdings. Is this just a coincidence? I believe not. It appears to be a deliberate strategy executed by key players in the futures market. Regardless of the reasoning behind it, this does not alter the long-term outlook, which remains bullish for 2025.
Furthermore, as Bitcoin nears the dense concentration zone around $102,000, it's worth questioning whether anyone truly understands the intentions behind the moves of large institutional funds. The market seems to follow a predictable pattern: the price is pushed up for a short period, only to pull back quickly, validating the bearish sentiment of those who shorted. But just when those short positions feel secure, the market surges again, shaking out the shorts and forcing a wave of liquidations.
This strategy appears to be a game of cat and mouse, manipulating the market to clear out weak hands before launching into the next phase of the bull cycle. It’s clear that those controlling the market are looking to consolidate positions and eliminate shorts before making their next major mo
ve.
$BTC $ETH $XRP #USJoblessClaimsDrop #BinanceAlphaAlert #OnChainLendingSurge #USJobOpeningsSurge #BullCyclePrediction
