The cryptocurrency market is on high alert as data shows that $10 billion in Bitcoin short positions are set to liquidate if BTC price rises to $115,000.
That means if Bitcoin continues its upward momentum, we could witness a large short squeeze—propelling an even stronger bull run.
Short selling occurs when traders bet against Bitcoin (shorting) and are forced to buy back their positions when prices rise, causing even greater upward pressure on the market.
What Does This Mean For The Market
The $115,000 level is not just a technical milestone; it is also a psychological trigger point. As Bitcoin approaches that mark, billions of dollars in leveraged positions could be wiped out, forcing liquidation and amplifying volatility.
This short closure chain will lead to:
Buying pressure for Bitcoin is increasing
Prices are rapidly rising above $115,000
Market-wide bullish sentiment drives more FOMO
The cryptocurrency community is buzzing with anticipation. If this liquidation zone is reached, it could mark the beginning of the next parabolic phase for BTC.
Bulls In Control As BTC Builds Momentum
With institutional interest rising and ETFs helping to normalize exposure to Bitcoin, the market seems to be gearing up for a record-breaking move.
If Bitcoin can surpass the $115,000 level, this $10 billion liquidation event could serve as the necessary fuel for the next bull run. Traders are closely monitoring, and many are ready to capitalize on the trend.