$BTC
Now, like I said, 117K is my target initially. If we could flip over that, regain some strength on Bitcoin, that would be very good. In terms of the liquidation heat map on Bitcoin, you know, I do think that the second that we start to actually break above like 115K, we're going to start to see liquidations helping fuel, you know, Bitcoin's move to 117K because we could see that there is quite a bit of leverage within this range to actually help us push Bitcoin higher.
Uh we'll have to wait and see what happens. But you know there definitely is quite a bit of leverage within this area that you know could be the fuel for us to actually move to 117K possibly even 120K because after we get above 117K there's really not a lot of leverage here uh to go off of on Bitcoin.
I mean again it's probably all around like 120K. We actually look at this. Let me uh zoom out real quick just to kind of see where we would be on this uh on this chart. So yeah, I mean if we're really looking at a lot of the heat map here, most of the leverage trades will probably be up here at 120K, I would say.
Um and again, 120K can happen pretty quick. And once we break over 120K, I'm sure that there's a decent amount of liquidations up there. If we're thinking about this, this could be the start of a major short squeeze on Bitcoin. Same with even Ethereum, right? There's still a lot of shorts in play on Ethereum.
And I do think that Ethereum once Ethereum reclaims like 3620, it could also start to have that violent recovery and that violent push above $4,000. And that's when a lot of these old coins like XRP, XLM, Sooie, even HBAR, that's when they will start to have that big break to the upside.