$BTC
đš More Than $2 Billion in Shorts Could Be Liquidated if BTC Hits $100K! đš
Bitcoinâs upward momentum is building, and a break above the psychological $100K mark could trigger a massive wave of liquidations across the market. Based on recent data and market trends, over $2 billion in short positions could be wiped out as traders betting against BTC are forced to close their positions.
Hereâs why:
1ïžâŁ Bitcoinâs all-time highs often lead to short squeezes, where liquidations create additional buying pressure, accelerating price surges.
2ïžâŁ In past rallies (e.g., BTC to $81K), hundreds of millions in short liquidations were recorded, and crossing $100K would likely result in an even larger liquidation cascade.
3ïžâŁ Such a liquidation event could also drive liquidity into altcoins, potentially igniting the next big altcoin season.
This is a pivotal moment for the marketâare we ready to witness history? Let me know your thoughts below! đ