BOOM!
$BTC Just Crushed $8.42M Worth of Shorts at $109,247!
The bears tried to hold the line—but Bitcoin had other plans.
At a staggering $109,247, over $8.421 million in short positions were wiped clean off the board. That’s not a dip… that’s a warning shot.
The market just roared: "Don’t bet against BTC!"
$BTC Technical Analysis (Post-Liquidation Rally Setup):
Trend: Ultra Bullish (Liquidations = Fuel for upside momentum)
Buy Zone:
$107,500 – $109,500
Ideal re-entry if BTC consolidates after the liquidation flush.
Targets:
Target 1: $112,200 (minor resistance)
Target 2: $115,000 (major breakout zone)
Target 3: $119,000+ (new ATH push territory)
Stop-Loss:
$106,500 (below key demand zone – invalidation level)
Why This Matters?
Short liquidations often trigger massive upward momentum.
The liquidity grab at $109K suggests institutional players are active.
With shorts wrecked, bulls are likely in full control of the next leg.
Final Words:
The heat just got real. $BTC isn’t just knocking on the doors of $110K—it’s kicking them open. Don’t get left behind when the next wave hits.