Bitcoin Blasts Liquidations!
$5.48M+ Shorts Wiped at $103,487.99
The bears just got rekt! Short positions worth over $5.48 million were annihilated as $BTC stormed through $103,487 like a rocket breaking gravity.
What’s Next? Analysis Below:
Market Sentiment:
Aggressive short liquidation suggests momentum is tilting bullish.
Whales are flushing weak hands before the next big move.
$BTC Trading Strategy (Swing Setup)
Buy Zone (Pullback Opportunity):
$98,200 – $99,500 (Golden 0.618 Fib level)
Optional DCA down to $96,700 if market shakes out further.
Targets:
T1: $104,500 (recent wick high)
T2: $107,800 (weekly resistance)
T3: $112,000+ (breakout continuation)
Stop-Loss:
$95,600 (Invalidation of bullish momentum below this zone)
Risk-Reward:
Reward Potential: Up to 15%
Risk: Around 3-4%
R:R Ratio: 1:4+
Pro Tip:
Break above $104,500 with volume = next leg explosion.
Stay sharp—this might be only the beginning of the bull detonation.