Thrilling Update on $BTC
Bitcoin just liquidated $5.68K worth of short positions at $97,984.7! The bulls are charging hard, and the momentum is building fast. With Bitcoin showing this kind of strength, it’s time to prepare for what’s next.
What’s Next for $BTC?
Here’s a full breakdown:
Buy Zone
Look for a possible pullback between $94,000 and $96,500. This range could offer a good entry point if bulls maintain control. Watch for confirmation like strong buying volume or a bounce.
Target
1. $100,000 – A psychological milestone that could spark intense buying pressure.
2. $105,000 – A key technical resistance where profit-taking might occur.
Stop Loss
Place your stop loss at $92,500. This ensures protection if Bitcoin fails to hold the bullish structure.
Market Analysis
Bullish Factors: High liquidity events like this short squeeze often fuel upward moves. Breaking $97
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