Bitcoin Bulls Strike Again!
A short position worth $84.4K was liquidated at $96114.38 for $BTC , hinting at renewed bullish energy in the market.
Despite the high price level, this squeeze indicates buyers are stepping up with confidence.
Key Observations:
Liquidations like this often fuel further upward momentum as shorts get cleared.
Bitcoin continues to attract aggressive buying interest even at these elevated levels.
What’s Next for $BTC ?
• Resistance: Watch for a break above $96150, which could lead to a surge toward the psychological level of $97000.
• Support: If a pullback occurs, $95500 could serve as a critical support zone.
Trading Tips:
• For bulls: Consider scaling in on dips above $95500 with targets near $97000.
• For bears: Avoid shorting until the price shows signs of rejection near resistance.
Bitcoin’s volatility is heating up—stay disciplined and manage your risk wisely!
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