Bitcoin ($BTC ) continues its powerful bullish trend, with short positions totaling $484,100 liquidated at prices ranging from $95,583.50 to $95,838.50.
📊 Details of liquidations:
$167K at a price of $95,583.50
$128K at a price of $95,631.80
$117K at a price of $95,829.70
$72.1K at a price of $95,838.50
📈 Market Impact:
Momentum Rising: Consecutive liquidations are increasing buying pressure, pushing the BTC price even higher.
Strengthening sentiment: Massive short-covering confirms the sustainability of the current bullish trend.
🔮 What's next?
BTC is poised to test $96,000, cementing its dominance. Traders should keep an eye on key resistance levels, but current momentum suggests further gains are possible. 🚀