🟢 $BTC Liquidated Short: $1.04M at $104,126.00 💥 A massive short position on Bitcoin just got swept away❗ Here’s what went down:
• Liquidation Size: $1.04 million
• Trigger Price: $104,126.00
• Market Move: Sharp rally pushed BTC above key resistance, catching leveraged bears off-guard 🚨
⚡ Why It Matters:
When large shorts get liquidated, it can fuel further upside as forced buys cascade into the rally. Keep an eye on these flashpoints—they often mark the start of a stronger uptrend. 📈
🔑 Key Takeaways:
1. Watch Resistance Levels: Breaks above $104 k can trigger cascade moves.
2. Manage Your Leverage: Big liquidations highlight the risks of oversized positions.
3. Use Stop-Loss Wisely: Protect your capital to avoid being caught in wild swings.
Buy and Trade Here $BTC