$BTC Long Liquidation: $20.11K at $105,301.4
A fresh wave of longs just got wiped — $20K liquidated as BTC dropped to $105.3K. This is a clear signal: bulls got overconfident, and the market punished them.
When long liquidations hit this size, it often means more downside is possible unless buyers step in quickly.
Downside Targets:
• TG1: $104,400 — first support zone
• TG2: $102,900 — previous demand area
• TG3: $100,500 — psychological level and possible bounce zone
Next Move:
If BTC can’t reclaim $105.5K soon, the bearish pressure could build.
A clean break below $104.4K increases chances of a deeper correction.
Low volume on any bounce = trap. Be cautious of fake recoveries.
Longs are bleeding. Bulls are on the ropes. BTC needs strength — or the next leg could dip fast.
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