$BTC short liquidation: $21.602K at $96,011.0
A dramatic shift in market dynamics resulted in the liquidation of a $21.602K short position on $BTC at $96,011.0.
Entry Point: The short position was opened at $96,011.0, expecting a pullback after $BTC encountered resistance at a major psychological level.
Target: The target for the short position was $92,000.00, based on bearish momentum and previous price action indicating potential for a reversal from the current resistance zone.
Stop Loss: A stop loss was set at $98,000.00, designed to protect against any unexpected upward breakout, ensuring the risk/reward ratio remained favorable for the short trade.
BTC remains highly volatile, so keep a close watch on the market and be ready to adjust your strategy as needed.
