🔴 BTC Long Liquidation at $109K with a price of $95,394 $BTC
🔹 Analysis:
The liquidation of long positions at $109K indicates increased selling pressure around $95,400. This may be related to profit-taking or a reaction to external news that weakened buyers' positions.
📊 What’s next?
With further declines, a test of the support zone around $95,000 is likely. For Bitcoin to return to growth, it needs to recover above $95,500 to regain buyers' confidence.