$BTC Bitcoin Short Liquidation – Bulls Take Charge!

A $145K short position has been liquidated at $96,882.44, forcing sellers out of their trades as BTC continues its upward push. This surge in liquidations highlights strong bullish momentum, potentially setting the stage for further gains.

📈 What’s Next for BTC?

With short positions getting wiped out, Bitcoin may eye the $97,500 - $98,000 range as its next target. However, if buying pressure weakens, a slight retracement toward $96,500 could provide a better support level before the next breakout attempt.

⚡ Trading Strategy:

$BTC Traders should watch for a sustained move above $97,000 to confirm strength. A failure to hold could signal a temporary slowdown, while a breakout could open the door for a larger rally. Stay prepared for volatility and manage risk accordingly.

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