⥠BTC SHORTS GETTING SQUEEZED!
đą #BTC Liquidated Short: $287K @ $85,275.70
Bitcoin just wiped out another $287K short position, showing that bearish traders are getting caught as BTC holds the $85K area. Current market data has BTC around $85.1K, while recent price action has repeatedly shown strong reactions around the $85K zone.
đŻ Market Read:
This liquidation adds fuel to the short-squeeze narrative. If BTC can maintain $85Kâ$85.3K as support, the next upside test could be around $86Kâ$87K. A rejection and move back below $85K would weaken the bullish setup.
đ My View: Slightly Bullish above $85K
đ„ Key Zone: $85K support
đ Upside Watch: $86K â $87K
â ïž Invalidation: Sustained move below $85K
Not financial advice â liquidation signals can be highly volatile.
đą #BTC Liquidated Short: $287K @ $85,275.70
Bitcoin just wiped out another $287K short position, showing that bearish traders are getting caught as BTC holds the $85K area. Current market data has BTC around $85.1K, while recent price action has repeatedly shown strong reactions around the $85K zone.
đŻ Market Read:
This liquidation adds fuel to the short-squeeze narrative. If BTC can maintain $85Kâ$85.3K as support, the next upside test could be around $86Kâ$87K. A rejection and move back below $85K would weaken the bullish setup.
đ My View: Slightly Bullish above $85K
đ„ Key Zone: $85K support
đ Upside Watch: $86K â $87K
â ïž Invalidation: Sustained move below $85K
Not financial advice â liquidation signals can be highly volatile.