$BTC Short Squeeze Alert!
A $97.1K short position on BTC was liquidated at $95,669.40, indicating a major short squeeze is underway.
This sharp price move could be the start of a bigger rally as liquidations add fuel to the fire.
What’s Happening?
The recent liquidations suggest strong bullish pressure as shorts are forced to close their positions.
Bitcoin is now positioning for a potential push toward higher levels as the squeeze continues.
Next Move:
• For Bulls: If $BTC holds above $96,500, the path could open for $98K or even $100K in the short term.
• For Bears: A rejection around $96K could see a pullback to $94K, providing potential shorting opportunities.
Key Insight:
Keep an eye on the $96,500 level for confirmation of continued bullish momentum.
The squeeze could lead to explosive gains! Stay alert!
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