$BTC ⚠️ LONGS WIPED OUT – BTC FACING PRESSURE! ⚠️
A $94.2K long position on #BTC just got liquidated at $88,868.00, shaking out overleveraged traders as selling pressure increases. This breakdown signals potential weakness, and the next move is critical for Bitcoin’s short-term direction.
📉 What’s Next for BTC?
If BTC fails to reclaim $89,500, further downside toward $87,800 - $88,200 could be on the table. However, if bulls step in aggressively, we might see a bounce back toward $89,800 - $90,200 as an attempt to regain lost ground.
📊 Key Price Zones:
🔻 Support: $87,800 / $88,200
🔺 Resistance: $89,500 / $90,200
🔥 Market Insight:
The structure is fragile, and a decisive move above $89,500 is needed to shift momentum back in favor of bulls. Until then, volatility remains high—expect sharp swings!
#Bitcoin #BTC #CryptoMarket #LiquidationEvent