Ron Palmeri

Roughly $5B in visible $BTC short liquidations stacked between $83K–$85K. In an uptrend, that's fuel. When shorts liquidate, they're forced to market-buy. That buying pressure drives price higher, triggering the next layer of liquidations above — a cascade of demand feeding itself. We saw this exact dynamic on the run from $67K to $80K. The setup looks identical now. Expect the next leg to follow the same playbook: liquidation-driven momentum, systematic buying pressure, and continuation until the fuel runs out. This is how bull markets accelerate. The chart is setting up clean, and the mechanics are in place. Watch for the break above $83K — that's where the cascade starts.