Bitcoin has just gone through a major leverage reset, with around 13,600 BTC flushed from the market. This helped clear out heavily leveraged positions and could give the market a cleaner setup for the next move.
BTC has been pushing toward the $82K area, but the road higher may not be easy.
One major concern is the changing Fed rate outlook. Market expectations for a potential 25-basis-point rate hike to 3.75%–4.00% have been rising, with FedWatch showing an 87.3% probability at the time of the report.
If those expectations continue to strengthen, Bitcoin could face additional selling pressure as traders become more cautious about risk assets.
📌 Key things to watch:
13.6K BTC leverage flush
$82K resistance area
Fed interest-rate expectations
Potential increase in short-term BTC volatility
The leverage wipeout is not necessarily bearish by itself. In fact, removing excessive leverage can sometimes create a healthier market structure. The bigger question now is whether Bitcoin can hold momentum and break through the next major resistance.
⚠️ Not financial advice. Do your own research befor
e trading.