#BTCUnbound đ„ Top Post: $BTC Short Liquidation Highlights a Major Bullish Setup
Summary: This post captures a powerfulâŻ$138.53K short liquidation at $114,964.70, signaling a rapid and intense bullish momentum in Bitcoin driven by a short squeeze. According to the author:
Buyers are taking control; bears are being wiped out.
If $BTC breaks and holds $115K, the technical outlook suggests continued gains toward $116,800, $118,500, and potentially $120,000.
The market sentiment is positive: FOMO is building and volume is picking up signaling possible further breakout phases .
đ Why This Post Stands Out
Real-time trading impact: Highlights a specific liquidated position (ââŻ$138K), displaying immediate consequences in the order books.
Clear technical analysis: Maps price levels and targets with suggested stops and supports.
Actionable insights: Frames momentum levels and key resistance zones to monitor.
đ§ Context on #BTCUnbound
While â#BTCUnboundâ isnât an official term in Bitcoin governance, it has gained popularity to represent concepts like:
1. Bitcoin as sovereign, decentralized money, free from traditional financial constraints.
2. BTC breaking technical and psychological resistance levels, such as crossing $100K.
3. An ideology of financial freedom, especially relevant in communities facing economic control or repression .
â TL;DR Recap
Topic Details
đ Event $138.5K short liquidation at ~$114,965
đ Sentiment Bullish short squeeze in play
đŻ Targets $116.8K â $118.5K â $120K
â ïž Support ~$113K with stop-loss near $113.4K
đ§ Hashtag Meaning Bitcoin breaking boundariesâideological, financial or technical