Shorts in Danger: Bitcoin About to Give Bears a $15 Billion Wedgie!

Bitcoin is on the verge of a wild ride as market analysts warn of a looming short squeeze that could shake things up fast. With $BTC currently hovering around $107,000, a 10% price jump could trigger the liquidation of nearly $15 billion in short positions. This could fuel an aggressive upward spike, catching bearish traders completely off guard. Technical charts show heavy congestion around the $105K mark, making it a critical level to watch for any breakout.

On the flip side, bulls aren’t entirely safe either. A sudden drop could wipe out $9.6 billion in long positions, turning the market into a battlefield of liquidations. With both sides heavily leveraged, Bitcoin traders are bracing for explosive volatility in both directions. Whether it’s a rocket or a nosedive, one thing’s clear: this week’s BTC action won’t be boring.