$BTC Major Short Liquidation Alert!
$294,000 in Shorts Liquidated at $103,334.65
Bitcoin just crushed the bears! A massive $294K in short positions got wiped out at $103,334.65, signaling a strong bullish reversal and possibly the start of a breakout rally.
What Happened?
• A heavy cluster of shorts got liquidated as BTC pushed up through key resistance.
• This kind of liquidation is a classic short squeeze, where forced buy-backs fuel upward momentum.
• Bulls are clearly in charge, and more upside could be on the way.
Market Sentiment:
• Strong bullish momentum is returning after this liquidation.
• The market is shaking off FUD and building strength.
• If BTC holds above $103K, expect bulls to keep pressure on the upside.
Next Move:
• Price should test and attempt to break above $104,000–$104,500.
• A strong daily close above that = confirmation of bullish breakout.
• Watch for quick dips to $102,800–$103,100 as potential buy-the-dip zones.
Upside Targets:
• TG1: $104,200 – minor resistance
• TG2: $105,500 – key breakout level
• TG3: $107,000 – short squeeze extension zone
Pro Tip: This kind of liquidation flushes weak hands and feeds the rally. If volume increases with this move, BTC could fly. Let the momentum carry — but set stops wisely.
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