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BTC

Bitcoin short liquidated at $117.8k — waiting for a better setup

I had a short on Bitcoin liquidated — average price 117,808.02 and total exposure $151,148. The position was closed by the market.

No drama: I’ll step back, review the price action and wait for a better risk/reward entry. Another time.

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Analysis

The liquidation indicates short-term bullish pressure and possible stop-hunt activity around the recorded level; momentum may push price higher until clear resistance or exhaustion appears, so expect ...

Recommendation

Don’t chase a re-entry now — watch price action, wait for confirmed weakness or a defined support zone, and manage position size carefully when re-entering.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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