đš BTC SHORTS ARE GETTING SQUEEZED!
đą #BTC Liquidated Short: $73.7K
đ„ Liquidation Price: $84,990
Bitcoin is currently trading around $84.8Kâ$85K, with price recently testing the $85K area.
My Market Read đ
The short liquidation at $84,990 is important because it shows upside pressure is forcing leveraged bears out of the market. Recent derivatives data also shows a sizable short-liquidation cluster sitting above BTC, meaning another push higher could trigger additional forced buying.
đŻ Key levels to watch:
đ„ $85,000 â Immediate breakout/reclaim zone
đ $87,000â$87,400 â Major upside target & short-squeeze zone
â ïž $83,700â$84,000 â Important near-term support
đ©ž $82,400â$82,500 â Larger downside liquidation cluster
đ My Bias: Cautiously BULLISH
If BTC can hold above $85K and build volume, I would expect a potential continuation toward $87K+.
But if BTC gets rejected around $85K and loses $84K, the market could rotate lower before attempting another breakout.
Signal-provider view:
> Above $85K = bullish continuation setup đą
Below $84K = momentum weakens â ïž
Break of $87.4K = potential short-squeeze acceleration đ
Not financial advice â leverage can invalidate technical levels quickly.
#SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #NvidiaHitsRecordHighUp2.4% #CanaryFilesAmendedS1ForPEPEETF
đą #BTC Liquidated Short: $73.7K
đ„ Liquidation Price: $84,990
Bitcoin is currently trading around $84.8Kâ$85K, with price recently testing the $85K area.
My Market Read đ
The short liquidation at $84,990 is important because it shows upside pressure is forcing leveraged bears out of the market. Recent derivatives data also shows a sizable short-liquidation cluster sitting above BTC, meaning another push higher could trigger additional forced buying.
đŻ Key levels to watch:
đ„ $85,000 â Immediate breakout/reclaim zone
đ $87,000â$87,400 â Major upside target & short-squeeze zone
â ïž $83,700â$84,000 â Important near-term support
đ©ž $82,400â$82,500 â Larger downside liquidation cluster
đ My Bias: Cautiously BULLISH
If BTC can hold above $85K and build volume, I would expect a potential continuation toward $87K+.
But if BTC gets rejected around $85K and loses $84K, the market could rotate lower before attempting another breakout.
Signal-provider view:
> Above $85K = bullish continuation setup đą
Below $84K = momentum weakens â ïž
Break of $87.4K = potential short-squeeze acceleration đ
Not financial advice â leverage can invalidate technical levels quickly.
#SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #NvidiaHitsRecordHighUp2.4% #CanaryFilesAmendedS1ForPEPEETF