$BTC Liquidated Short: 66.5K at94,912.10
Massive Market Shakeup!
- A huge liquidation just happened on #BTC with a short position of 66.5K at94,912.10! This signals a sharp market reaction, and we could be heading for some explosive price action in the coming hours or days.
Key Levels to Watch:
Support Level: 90,000 - This is a strong support zone. If $BTC retraces here and holds, it could potentially bounce back up.
Resistance Level:98,000 - A critical resistance point. If #BTC breaks above this level, we could see a test of the *100,000* mark.
Next Move Strategy:
1. For Buyers:
Entry Price: Look for an entry around 90,000 if the price shows signs of holding this support. This could be a good opportunity to buy at a discounted price.
Target Price: Consider targeting 98,000 (Resistance) for potential profits. If the price breaks this level, the next target could be100,000.
Stop-Loss: Set a stop-loss below 87,000 to limit risk in case the price falls further.
2. For Sellers:
Entry Price: If #BTC struggles to break above 98,000, consider selling. A rejection at this level could lead to a pullback towards the support at 90,000.
Target Price: You can aim for the support zone at 90,000.