$BTC Long Liquidation: $9.97K Wiped Out at $100,751.1!

The bulls just got blindsided! 🚨 A $9,974.4 long liquidation hit as #BTC dropped to $100,751.1, leaving traders who bet on the upside caught in the crossfire.

What Happened?

🔹 Bullish Momentum Falters: #BTC couldn’t hold its ground, triggering a cascade of long liquidations.

🔹 Support Cracked: The key $101K support was breached, unleashing a wave of selling pressure.

🔹 Market Impact: With nearly $10K in liquidations, this sharp move is shaking confidence in the market.

What’s Next for #BTC?

Support Levels to Watch: $100K is now the critical psychological level to hold for any hope of a rebound.

Bearish Continuation? Failure to reclaim $101K could lead to further downside, with $97K as the next potential target.

Potential Reversal? If the market finds solid support, a recovery to $105K might be in play, but it’ll need strong buying pressure.

💡 Pro Tip: Stay cautious in volatile conditions like these. Traders should watch for signs of stabilization before entering new positions.

Will #BTC rebound, or is more downside on the horizon? The next few days will be crucial! 📉

#CryptoUpdate #BTC #LongLiquidation