#BTCNextMove

$BTC Short Liquidation Alert! 🚨

A short liquidation of $6.3057K just occurred at an eye-popping $97,010.3! Bitcoin's bulls are flexing their muscles, crushing shorts at this monumental price level. Is this the beginning of a parabolic rally, or will the market take a breather? Let’s map out the next move! 🚀

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What’s Next for $BTC ?

Here’s a step-by-step trading plan to navigate this action:

Buy Zone:

Look to enter between $96,500 and $97,200 (wait for minor pullbacks or consolidation for safer entry).

Targets:

1. $98,000 – First target (psychological resistance).

2. $99,500 – Second target (key resistance before breaking six figures).

3. $101,000 – Bonus target (if bulls maintain strong momentum).

Stop Loss:

Place your stop below $96,000 (to limit downside risk if a reversal occurs).

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Why This Matters:

Short liquidations like this often create powerful upward pressure, as sellers are forced to cover their positions by buying back Bitcoin.

Bitcoin is inching closer to the historic $100,000 level, a milestone that could bring heightened volatility and opportunity.