All opinions Top Picks Most Discussed Crypto Premium Traders API
watch
BTC

Bitcoin Short Squeeze: $372K Liquidated at $118,148 — Watch for Follow-Through

I observed a $372K short position liquidated on Bitcoin at $118,148.10. This shows short-covering at a high price point and momentary upside pressure.

I'm cautious because a single liquidation event can spark a short squeeze but doesn't guarantee sustained trend continuation without volume and follow-through.

I'll monitor price action and volume closely and prefer to wait for confirmation or a meaningful retracement before adding size.

Source available for registered users Sign Up Free

Analysis

Large short liquidation at this level suggests short-covering and temporary bullish momentum, but the amount is small relative to BTC's market size; confirmation via rising volume, widening bid suppor...

Recommendation

Watch for follow-through or a pullback; consider buying on weakness or after a confirmed breakout with volume, and manage risk with defined stops and position sizing.

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:

wait
BTC

Minecraft Bitcoin Prank Pays Out: A Curious Online Caper

Entertaining Minecraft Bitcoin mining prank ends with payout; raises questions about crypto narratives and online personas. Decode the viral stunt and its payoff.
Read full + analytics
sell
BTC

Bitcoin Bearish Outlook: BTC Price Likely to Dump Soon

Bitcoin warns of a near-term price drop. Bearish BTC outlook with potential sell/short opportunities as the market signals weakness.
Read full + analytics
short
BTC

Bitcoin Eyes Downside: Bad News Ahead for BTC Short-Term

Bitcoin to dump soon? Bearish setup hints at near-term downside risk for BTC amid fading momentum and rising selling pressure.
Read full + analytics
top pick
BTC

Bitcoin Bulls Persist: Scaramucci’s $180K–$200K Year-End Target

Bitcoin bulls stay in focus as Anthony Scaramucci reiterates a $180K–$200K year-end target, signaling strong upside expectations for BTC amid ongoing macro liquidity and institutional interest.
Read full + analytics
watch
BTC

BTC Short Liquidations Hinting at Near-Term Upside Momentum

Bitcoin experiences concentrated short liquidations around $31.2K, suggesting possible near-term upside pressure and a bullish liquidation squeeze. Monitor price action and potential follow-through as shorts unwind.
Read full + analytics
strong sell
BTC

Bitcoin strong sell thesis

Bitcoin signals a strong negative outlook: prepare for further downside, consider reducing exposure or exiting positions.
Read full + analytics
watch
BTC

Bitcoin Overview

BTC overview: current stance, key levels, and near-term outlook for Bitcoin (BTC) with a cautious to neutral bias; watch for potential breakout or consolidation.
Read full + analytics
sell
BTC

Cardano and Dogecoin Lead Crypto Losses as Bitcoin Traders Fear Pullback

Bearish read on Cardano and Dogecoin as Bitcoin traders fret a drop toward $100K; markets in flux with risk-off tone.
Read full + analytics
watch
BTC

BTC Near-Term Bottom or Bear Trap at $112K?

Bitcoin drops below $113k amid macro uncertainty and regulatory concerns; potential near-term bottom around $112k, with long-term bullish momentum intact if macro conditions improve. Watch price action and hedging signals for the next move.
Read full + analytics
watch
BTC

AlibabaMining Bitmain Equipment Sale Analysis

Translated review of AlibabaMining’s Bitmain hardware listings with a cautious take on potential liquidity and timing, highlighting top models, pricing, and regional offers.
Read full + analytics