$BTC
Bitcoin Bulls Dominate! $415K in Shorts Liquidated at $96,325.16
BTC’s Ascension: Bitcoin breaks barriers yet again, climbing to $96,419.41 (+4.17%) and forcing short-sellers to capitulate as $415K in short positions were wiped out in a flash at $96,325.16.
Market Highlights:
24-Hour High: $96,539.33 – BTC teeters near resistance, ready for its next explosive move.
Volume Surge: Massive trading volume of 45,444 BTC reflects heavy market action.
MACD Turning Point: While momentum flattens, the bullish sentiment remains dominant as DIF and DEA converge.
Why It’s Thrilling:
The $415K liquidation signals a bullish grip on the market, as short positions crumble under upward pressure.
Traders watching BTC’s MA60 at $96,100 as it sustains upward trajectory.
Key Levels to Watch:
Resistance: A clean break above $96,500 could open the doors to $97,000 and beyond.
Support: Bulls must defend $96,000 to maintain momentum.
What’s Next?:
For Bulls: Push the momentum past $96,500 for fresh highs and capitalize on the short squeeze.
For Bears: Exercise caution as liquidations hint at continued upside pressure.
Bitcoin is electrifying the market, leaving shorts in the dust – will this momentum catapult BTC to $100K, or is a consolidation looming? Stay tuned for the next big move!