The biggest $BTC pumps come from shorts getting liquidated, not from new buyers stacking bids.
You've been there. Caught on the wrong side of a squeeze or chasing the move after the forced buying already peaked.
A break above $82K could set this off as shorts that bet against the move start hitting liquidation prices. They have to buy back and that buying pressure feeds on itself, usually dragging $ETH and $SOL higher while it lasts.
The catch is these things reverse hard once the liquidations clear. Late buyers end up holding the bag when the bid vanishes. Timing an exit in that chaos is where most people lose money.
Where do you think this goes if $BTC actually breaks $82K?
#Bitcoin #ShortSqueeze #OnChain
You've been there. Caught on the wrong side of a squeeze or chasing the move after the forced buying already peaked.
A break above $82K could set this off as shorts that bet against the move start hitting liquidation prices. They have to buy back and that buying pressure feeds on itself, usually dragging $ETH and $SOL higher while it lasts.
The catch is these things reverse hard once the liquidations clear. Late buyers end up holding the bag when the bid vanishes. Timing an exit in that chaos is where most people lose money.
Where do you think this goes if $BTC actually breaks $82K?
#Bitcoin #ShortSqueeze #OnChain