#BTC $BTC $BTC
Absolutely! That kind of short liquidation at $93K is a strong signal bulls are flexing hard. Here’s how this setup is looking from a trader’s perspective:
Key Technical Takeaways:
Massive Short Squeeze: $54.8K liquidated means leveraged bears just took a hit. That kind of force usually signals momentum.
Price Above $93K: Holding this level turns it into a launchpad.
Volume Spike: Confirms conviction behind the move—not just a wick or a fakeout.
Strategy Breakdown:
Buy Zone: $91,800 – $93,300 is your sniper entry area. Look for consolidation, wick rejections, or bullish divergences on the 1H/4H.
Targets:
T1: $96,500 is a clean psychological + resistance level.
T2: $100K is where retail euphoria will likely kick in—but also where smart money may start trimming.
Stop Loss: $90,200 keeps you safe in case this is a trap.
Caution:
Don't fomo in on green candles. Wait for a pullback or confirmation (like a bullish retest of $93K).
Keep an eye on funding rates—if they go nuts, the move might overheat short-term.
Pro Move: Scale in, trail stops as you go up, and manage risk like a sniper—not a cowboy.
Want me to chart this out visually or give you a risk-reward breakdown per target?