$BTC Major Liquidation Alert!
$BTC Short Liquidated: $218,000 at $96,834.00
Bitcoin’s relentless surge has claimed another victim in the perpetual battle between bulls and bears.
With $218K in short positions wiped out at $96,834, this liquidation highlights the growing intensity of market momentum as $BTC edges closer to the psychological $100K milestone.
What’s Driving the Rally?
Institutional Accumulation: Reports of large-scale BTC purchases fueling upward pressure.
Macro Tailwinds: A weaker dollar and increasing global adoption as Bitcoin solidifies its status as a safe-haven asset.
Retail FOMO: Traders rushing to catch the breakout as BTC approaches six figures.
Key Technical Levels:
Immediate Resistance: $97,000 – A breakout here sets BTC on a direct path to $100K.
Support to Watch: $95,500 – Losing this level could invite temporary profit-taking.
The market sentiment remains decisively bullish as the liquidation of high-leverage shorts adds fuel to Bitcoin’s ascent.
The question now: will BTC hit $100K next, or will bears stage a comeback before the milestone?
Stay sharp, traders—volatility is surging, and opportunities are everywhere!
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