BTC Short Squeeze is Over! 100,000 is Within Reach? 👀🚀
BTC may dip to 93,500-94,500, and the result was a low of 93,445, just 55 points off! It seems my prediction was somewhat accurate, right? 😏
What's next? Let's analyze:
Liquidation Estimate: Down to 90,900, potentially liquidating 1.5 billion; but up to 100,000, liquidating 2.2 billion. Obviously, up is more profitable! 💸
Chip Structure: I've warned before that 100,000 is a major hurdle, and the support below is at 90,900. If BTC goes down, I'll lock in that point. 🧐
So, around 94,000, the short squeeze trap, don't panic! BTC will soon start the next wave, aiming straight for 100,000! But don't get too excited; it will pull back after touching it. 😜
Warning: Don't be blinded by the "breakout"; just because it surges a little doesn't mean it will run all the way! If it drops again next time, don't ask me why.