🚨 $BITCOIN Explodes Above $81K as Shorts Get CRUSHED! 🔥
Bitcoin (BTC) surged above $81,000 after Fed Governor Christopher Waller suggested interest rates could remain unchanged at September’s meeting. 📈
The move caught leveraged traders off guard, triggering massive crypto liquidations.
💥 $334.6M was liquidated in just 4 hours!
🔴 Shorts: $301.16M
🟢 Longs: $33.44M
Nearly 90% of liquidations came from traders betting on a Bitcoin decline. 😱
💣 Nearly $510M Liquidated in 24 Hours
Total crypto liquidations reached $509.89M over 24 hours:
🔴 Shorts: $415.56M
🟢 Longs: $94.33M
In 12 hours, $382.31M was wiped out, showing how aggressively BTC’s rally caught leveraged bears off guard. 🐻💥
🟠 BTC Leads the Wave
BTC: $174.15M liquidated
♦️ ETH: $73.29M
🟣 SOL: $10.79M
💧 XRP: $7.83M
BTC gained over 4% in 24 hours, forcing short sellers to close positions. These forced buybacks can fuel a short squeeze, adding further upward pressure. 🚀
🏦 Fed Expectations Shift
CME FedWatch showed the probability of a September rate hike falling to 48.4%, while unchanged rates became the market’s base case.
📊 Less hawkish Fed expectations + massive short liquidations = a powerful setup for Bitcoin bulls. 🐂🔥
Short squeeze or the start of a bigger BTC move? 👀₿ #BTC #bitcoin.”
$BTC #tradingtechnique