$BTC Short Liquidation Alert!
Bears Just Got Wrecked on Bitcoin!
A total of $6,918.6 in short positions were liquidated as Bitcoin surged to $96,092.10, signaling a powerful bullish push through resistance. This liquidation event reflects intensified buying pressure and sets the stage for further upside.
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What This Means:
As Bitcoin climbs, overleveraged short positions are getting squeezed out. This kind of liquidation spike often leads to a short-covering rally—where forced exits from bearish trades fuel even more buying momentum.
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Technical Snapshot:
Liquidation Price: $96,092.10
Immediate Resistance: $96,500 – $97,200
Support Zone: $94,800 – $95,500
Key Breakout Level: $97,500+
