Massive $BTC Long Liquidation Alert: $24.23K at $109,361!
BOOM! A wave just hit the market — $24,238,000 in long positions got wiped out near the $109,361 mark. The smart money just shook the weak hands!
Now, it's time for the fearless to ride the storm and position for the next wave.
$BTC Technical Analysis (Mode ON):
Trend: Strong Uptrend but entering exhaustion zone. Correction possible.
Structure: BTC rejected near $110K after parabolic move – early signs of short-term correction before another leg up.
Buy Zone (Reload like a Pro):
$101,800 – $103,500
Watch for a healthy retrace into this golden zone. Confluence of 0.382 Fib + demand cluster. Whales may reload here.
Targets (Aim for Glory):
T1: $109,000 (Retest & reclaim zone)
T2: $114,500 (Breakout momentum)
T3: $121,200 (Blow-off top scenario)
Stop-Loss (Protect Your Throne):
$99,800
If BTC dips below this level, bulls may lose control. Step out and wait for clarity.
Narrative:
The market is not for the faint-hearted. Liquidations are the fuel for the next explosive move. After shaking out leveraged longs, BTC may reload and ignite towards $120K+.
Stay Sharp. Stay Fearless.