😇The crypto market just witnessed a monumental moment: $340,000 worth of Bitcoin shorts were liquidated at a jaw-dropping $100,260.00! This event highlights Bitcoin’s relentless bullish momentum as buyers dominate and bears retreat.😎
What Just Happened?
1️⃣ Short Squeeze in Full Effect
• Bears are getting crushed as $BTC upward surge forces shorts to buy back their positions, amplifying the bullish trend.
2️⃣ Intense Buying Pressure
• Liquidations create a cascading effect, driving prices higher as traders scramble to cover their losses.
3️⃣ Psychological Breakthrough
• Breaking the $100,000 milestone has triggered market-wide euphoria, drawing in more investors eager to join the rally 🚀.
Key Levels to Watch 👀
🔹 Buy Zone: $99,500 - $100,200
• A potential entry point for buyers looking to ride the bullish momentum.
🎯 Target Levels:
• $102,000: Immediate resistance.
• $105,000: Critical psychological level.
• $110,000: Major milestone if momentum continues.
⛑️ Stop Loss: $98,800
• Place your stop loss below the buy zone to minimize risks during potential pullbacks.
What’s Next for $BTC?
📈 Bullish Scenario:
• If Bitcoin stays above $100,000, it could attract even more buying, pushing prices toward $105,000 or even $110,000.
📉 Bearish Scenario:
• Failing to hold this level might lead to a retracement toward $98,500, presenting a re-entry opportunity for patient traders.
Market Sentiment: Bullish Signals
• Institutional Interest: Large players are likely fueling this rally.
• FOMO Effect: Retail investors are pouring in, adding to the upward momentum.
• Strong Fundamentals: BTC’s resilience at key levels bolsters confidence in its long-term growth.
🚀 The $BTC bull run is in full swing—are you ready to ride the wave? 🌊
💭what are your thoughts 🤔
#BinanceMegadropSolv #BTC100KTrumpEffect
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