$BTC Short Liquidation Alert at $98,177.60!
Bitcoin continues its historic rally, with its price currently hovering near an all-time high of $97,841.40.
This intense upward momentum has liquidated a staggering $253K short position at $98,177.60.
Market optimism remains strong, fueled by increasing institutional adoption and Bitcoin ETFs surpassing $100 billion in assets under management.
As Bitcoin consolidates just shy of the six-figure milestone, traders speculate whether it could break $100,000 soon.
However, with such volatility, bears are feeling the heat as over-leveraged positions are being wiped out.
Stay cautious! While the bullish sentiment is palpable, the crypto market remains unpredictable.
Are we witnessing the prelude to a massive breakout or the beginning of a retracement?