top pick
Bitcoin short-liquidation signals hint at a bullish breakout
I’m observing a BTC liquidity event where shorts were liquidated around $69.8K, with a long liquidation spike noted at $115,988.70, suggesting renewed buying interest and potential upside momentum.
This short squeeze implies traders who were betting against BTC were forced to unwind, which can trigger additional breakout pressure if buyers regain control and push price higher.
Source available for registered users Sign Up Free
Analysis
The observed short-liquidation event around $69.8K indicates a classic short squeeze dynamics, as bearish bets are forced to cover, injecting buying pressure into the market. If this momentum sustains...
Recommendation
Scenario-driven actions: you may consider deploying a cautious long bias if BTC clears recent swing highs with strong volume. Use tight stops beneath key support zones and avoid aggressive leverage un...
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.
You might also be interested in:
watch