⚡$BTC Is Inches Away From Price Discovery

Will Bitcoin Vaporize $3B in Shorts and Break Into the Unknown?

🧭Quick Snapshot:
$BTC is circling its highest monthly close ever — and if it breaks $110K, the real fireworks might just begin.

🔍What’s Happening:
Bitcoin is trading near $106,000. A close above $102,400 this month would seal its highest monthly candle in history.

💼Why It Matters:
Over $3 billion in short positions are exposed between $107K and $110K. If bulls push through, it could trigger a chain reaction of liquidations, propelling btc into a full-blown price discovery mode.

📈Chart Check:
A golden cross is forming on the daily chart — historically leading to 45–60% rallies. Compression patterns also resemble the 2017 breakout whe btc went from $1K to $20K.

🎯The Takeaway:
This isn’t just about candles and charts. A breakout above $110K doesn’t just wreck the shorts — it launches us into uncharted territory. Price discovery means no ceiling. If the market smells blood and $BTC closes strong this May, we could be watching a new leg of the bull run in real time.

#Bitcoin #CryptoNews #PriceDiscovery