🚨 $BTC Long Liquidation Alert! 🚨

Massive action on $BTC! A huge $16.847K long position got liquidated at $93,593.20. This could create some major price movements in the crypto market, and traders need to stay sharp. Let’s break it down and see what’s coming next!

What’s Happening?

The liquidation at $93,593.20 shows that traders who were betting on $BTC’s continued rise have been forced out of their positions, triggering sell-offs.

This could lead to quick price swings as the market reacts. Keep an eye out for more volatility in the coming hours.

What’s Next for $BTC?

Current Price: Watch the $92,000 level. If $BTC holds above this, it could bounce back. But if it breaks lower, we might see $90,000 or $88,000 as the next support zones.

Resistance: $95,000 and $98,000 are key resistance points. If $BTC pushes above these levels, we could see it aim for the $100,000 mark!

🔥Buy Zone: Look for a buy around $90,000 - $92,000. If the price starts holding steady in this range and shows signs of upward momentum, it could be a great entry point.

🎯Target: A short-term target would be $95,000. If breaks this resistance, aim for $98,000 and then $100,000 as major milestones.

🚨Stop Loss: Set a stop loss just below $88,000. This will protect your position in case the price drops sharply below support levels.

With $16.847K in long liquidations at $93,593.20, is facing some volatility. Watch for support around $90,000 and $92,000, and keep an eye on resistance around $95,000. Manage your risk carefully, and don’t forget to use stop losses!

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