Bitcoin Short Liquidation — Short-Squeeze Upside Likely

I noticed a significant BTC short was liquidated. The reported average price was 123,080.10 with a total position size of $225,852.

This forced exit likely removed some short pressure and can create short-squeeze momentum in the near term. I see this as a bullish micro-event, not a guaranteed trend change.

I will stay alert and manage risk if taking exposure: watch for follow-through buying or a quick retrace before adding size.