$BTC Short Liquidation: $5.0387K at $83,978.7
Buy Zone: $82,300 – $83,000
Targets: $84,500 and $86,200
Stop Loss: $81,200
Analysis:
Massive short liquidation just hit—over $5K wiped out as BTC surged past $83,900! This signals a short squeeze, where panic-fueled exits by short traders are accelerating upward momentum. With bullish pressure mounting and liquidity being flushed out, BTC is showing strength, especially as it holds firm above key resistance levels. If $BTC maintains above $83K, we could see a quick run toward $86K, but volatility remains high. Keep an eye on $82,300, as that’s your optimal re-entry point on any dip. BTC dominance and inflow metrics are both trending positive, indicating a potentially explosive move ahead—especially if closes the day strong.
Stay ready—this breakout could fuel the next rally. Follow for hourly updates and real-time trade guidance.
