$BTC is charging toward a major liquidation cluster worth over $68.52M at the $93.8K level.
It's also approaching a critical resistance zone between $93.9K and $96.3K—a key psychological level that bulls must break through to confirm the bull market is in full effect.
📊 #BTCUSDT Perp: $94,233.9 (+6.66%)
If Bitcoin successfully triggers that liquidation cluster, we could see a wave of sell orders hit the market. But with demand this high—and centralized exchanges running low on supply—those orders might get absorbed fast.
Instead of a pullback, this could act as rocket fuel, propelling #BTC into that resistance zone for a test.
Still, there's the risk: will buyers hesitate at these elevated levels near strong resistance? That uncertainty could slow momentum. But if demand holds, we may be in for another explosive move.