($BTC )
A massive $13.393K long liquidation happened at $96,351. This means some traders who were betting on BTC going up had their positions forcefully closed due to price movements.
What’s Next for BTC?
BTC is facing high volatility. The liquidation at such a high level suggests that the market is shaking out overleveraged positions. We must now analyze the best buy zone, target, and stop-loss for a potential trade.
BTC Buy Zone
Ideal Buy Range: $42,500 – $43,200
Why? This area has strong support where buyers may step in.
Target Levels
Target 1: $45,000 (Short-term)
Target 2: $47,200 (Mid-term)
Target 3: $50,000+ (Long-term if momentum is strong)
Stop-Loss (SL)
Safe Stop-Loss: Below $41,800
Why? If BTC falls below this level, the market may turn bearish.
Market Sentiment & Key Levels
Support: $42,500 – $43,200
Resistance: $45,000, $47,200
Trend: Short-term correction, but long-term bullish
Final Thoughts
If BTC stays above $42,500, a rebound is likely.
Breaking $45,000 can push it towards $50,000+.
If it falls below $41,800, expect a deeper correction.
Trading Tip:
Use low leverage to avoid getting liquidated like those at $96,351! Always set a stop-loss to protect your funds.
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