#BitcoinKeyZone BTC Short Liquidation Alert

A massive short position worth $67.8K was liquidated at $100,973.60 for BTC (Bitcoin).

This means that traders betting on Bitcoin’s price drop were forced to close their positions as BTC surged.

What Does It Mean?

1. Massive Bullish Pressure:

The liquidation creates significant buying, which could push Bitcoin’s price even higher.

2. Increased Volatility:

Expect rapid price movements as the market adjusts to this sharp move.

What’s Next for BTC?

Resistance Zone: $101,000-$105,000. A breakout above this could spark further gains.

Support Level: $100,000. Bulls need to maintain this level for sustained upward momentum.

Market Sentiment: A strong bullish trend could attract more buyers, but caution for overbought conditions is key.