đ¨ $BTC Short Liquidation Alert: $18.098K Liquidated at $98,359.8! đ¨
A huge move in the $BTC market! $18,098 worth of short positions were liquidated at $98,359.8! This big shake-up could set the stage for major price action. Are you ready to ride the wave? Hereâs your complete trading breakdown!
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Whatâs Next for $BTC?
1ď¸âŁ Bullish Scenario:
The liquidation of shorts could create buying pressure and push $BTC to new highs. If it breaks above $98,500 and holds, we could see rally toward $100,000 or higher.
2ď¸âŁ Bearish Scenario:
If BTC struggles to break above $98,500 and retraces below $97,000, it may signal a pullback. A drop below $96,500 could trigger further downside.
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Trading Plan for BTC (Not financial advice)
Buy Zone:
Look to buy around $97,000 - $98,000 for a solid entry, especially if price consolidates or shows signs of upward movement.
Target Levels:
Target 1: $99,000 (short-term resistance)
Target 2: $100,000 (psychological resistance & breakout zone)
Target 3: $102,000 (extended rally target)
Stop-Loss:
Place your stop-loss at $96,000 to minimize risk if the price falls below key support levels.
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Key Signals to Watch:
âď¸ A clean breakout above $98,500 with strong volume could signal the start of a bullish run toward $100,000.
âď¸ If BTC drops below $97,000, consider tightening your position or exiting.
âď¸ Keep an eye on broader market sentiment and Bitcoin dominance for confirmation of trends.
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Pro Tips for Trading $BTC:
đš Wait for confirmationâdonât jump in without seeing clear signals.
đš Use small position sizes to manage risk in volatile markets.
đš Consider a trailing stop-loss to lock in profits as the price climbs.
đĽ BTC is at a crucial pointâprepare for big moves and trade smart! đĽ
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