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DinnCryptoHodler
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Bullish
Remind: Close your short positions as soon as possible. Time is getting closer …
$BTC
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Remind: Close your short positions as soon as possible. Time is getting closer … $BTC
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The Bitcoin liquidation heatmap highlights a strong potential for a short squeeze, making longing BTC the better idea at the moment. With short positions clustering near key resistance levels, a sudden upward move could trigger mass liquidations, fueling further bullish momentum. This creates an opportune environment for long trades as Bitcoin shows strong potential for upside growth. $BTC
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Bitcoin (BTC) has recently surpassed the significant $100,000 threshold, reaching an all-time high of $104,088. This surge is attributed to increased investor optimism and favorable regulatory prospects. Technical analysis indicates a bullish momentum, with projections suggesting a potential 10-20% price increase in the next two weeks, aiming for levels between $110,000 and $120,000 per BTC. However, it's important to note that some analysts anticipate possible consolidation or minor profit-taking at these elevated levels. Investors should remain vigilant and consider these factors when making investment decisions.
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