$BTC Alert – Short Liquidation
A significant 80.8K short position was liquidated at 105,574.20, signaling strong bullish pressure.
Market Snapshot:
Support Levels: 104,200 – 103,500
Resistance Levels: 106,800 – 108,000
Trend Insight:
BTC is showing upward momentum after absorbing short positions. Bulls are stepping in, and the next test of resistance around 106,800 could define the short-term trend.
Trade Recommendations:
Buy Entry: 105,200 – 105,400 (if support holds)
Sell/Profit-Take: 106,800 – 107,500
Stop-Loss: 104,800
Next Move:
Watch for a potential breakout above 106,800. If BTC pushes past this, expect rapid bullish continuation. On the flip side, a drop below 104,200 could trigger short-term consolidation.
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