🚨 Short squeeze incoming?
Bitcoin is "lying low" at 116,738 USD, but it could soon break out if it surpasses 120,000 USD – where nearly 15 billion USD of jittery short positions are "hiding".
👀 The heat map from CoinGlass shows that short sellers are like… sitting on fire, just a slight bump could evaporate their accounts. If $BTC breaks resistance, the domino effect of liquidations could send the price soaring like in 2020-2021.
💣 It may not increase – but if it does, no one will catch up. Good luck to the short sellers… or at least, don’t lose your entire wallet.
