BTC SIGNAL ALERT š“š¢āØ
Bitcoin ($BTC) is charging toward a massive liquidation cluster valued at $68.52M, positioned around the $93.8K mark. It's also approaching a critical resistance zone ranging from $93.9K to $96.3K.
BTCUSDT Perpetual
Current Price: $94,233.9
+6.66%
This is a key psychological level that bulls need to conquer to confirm that the bull market is truly in motion.
If $BTC activates the highlighted liquidation cluster, it could trigger a flood of sell orders. But here's the twist ā with demand soaring and centralized exchanges (CEXs) reportedly low on supply, those orders might get absorbed quickly.
Instead of a pullback, we could witness a sharp push upward as price surges to retest the resistance zone.
Of course, thereās always the possibility that traders hesitate at these high levels ā especially near strong resistance ā which could stall momentum. Still, eyes are on this level for the next big move.