A short position worth $6.86K just got liquidated at $99,474.9 for $BTC ! This means traders betting on a price drop were forced to buy back, adding strong buying pressure to Bitcoin.
What’s Happening?
Short liquidations often lead to quick price surges.
If momentum stays strong, $BTC could break past $100K soon.
If resistance holds, we might see a small pullback before the next move.
Next Move? 🔹 Watch for a clean breakout above $100K—this could trigger more liquidations. 🔹 If $BTC struggles, expect a slight dip before another rally. 🔹 Stay alert to market sentiment and volume spikes for confirmation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
