Breaking Alert: Major $BTC Long Liquidation! 🚨
A $121K long position on Bitcoin was liquidated at $91,517.70, sending shockwaves through the market. This significant liquidation could mark a key turning point for BTC's price action.
Key Levels to Watch:
Support: $90,500 (crucial floor for buyers to defend)
Resistance: $93,000 (next hurdle for bulls to overcome)
Suggested Next Move:
Buy Strategy: If $BTC holds above $90,500, it could signal a recovery. Consider entering a long position with stop-loss below the support.
Sell Strategy: If BTC breaks below $90,500, further downside could follow. Look for shorting opportunities targeting $88,000.
With volatility surging, it's critical to manage risk and stay updated on market trends. What’s your game plan for right now?