🟢 $BTC Short Liquidation Alert!
Bears just got wrecked on Bitcoin!
A total of $6,918.6 in short positions were liquidated at $96,092.10.
This indicates bullish momentum pushing through key resistance—squeezing out short sellers and clearing room for further upside.
What This Means:
$BTC As Bitcoin climbs, overleveraged shorts are being forced out of their trades.
This liquidation spike could lead to a short-covering rally, which often adds more fuel to the upward move.
Current Technical Overview:
Liquidation Price: $96,092.10
Immediate Resistance: $96,500 – $97,200
Support Zone: $94,800 – $95,500
Key Breakout Level: $97,500+
Market Sentiment:
$BTC Momentum remains bullish. The short liquidation shows buyers are overpowering sellers at this level. A clean breakout above $97K could ignite a larger rally.
Trader Tip:
If price consolidates above $96K, consider long setups with stop-losses below support. Watch for volume confirmation—especially near major resistance zones.
The bulls are driving. Shorts are scrambling.