$BTC Short Liquidation Alert
Liquidation Amount: $12,292
Price Level: $96,785.30
$BTC A significant number of short positions have just been liquidated, signaling strong bullish pressure in the market.
$BTC Traders betting against Bitcoin at this level were forced to close their positions, likely fueling the upward momentum.
Market Insight:
Short liquidations can accelerate price increases as bears exit the market.
Keep an eye on resistance zones and volume spikes for potential reversals or breakouts.
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