If you're still holding shorts on $BTC waiting for a collapse, stop now.
Watching your position get liquidated in a squeeze is one of the most painful ways to lose money in this market. Traders keep falling for the same trap, piling into shorts only to get wrecked when momentum flips.
The market is split right now. Bears insist $BTC is overbought and due for a pullback after the recent run. They might have a point on the charts.
But I see it differently. If $BTC pushes toward $87.4K, those crowded shorts could start getting squeezed hard, forcing buyers in and potentially dragging $ETH higher too.
History shows these squeezes don't stay contained. $BNB often follows Bitcoin's lead in these moves.
Where do you think this goes from here if it tests that level?
#Bitcoin #Crypto #Trading
Watching your position get liquidated in a squeeze is one of the most painful ways to lose money in this market. Traders keep falling for the same trap, piling into shorts only to get wrecked when momentum flips.
The market is split right now. Bears insist $BTC is overbought and due for a pullback after the recent run. They might have a point on the charts.
But I see it differently. If $BTC pushes toward $87.4K, those crowded shorts could start getting squeezed hard, forcing buyers in and potentially dragging $ETH higher too.
History shows these squeezes don't stay contained. $BNB often follows Bitcoin's lead in these moves.
Where do you think this goes from here if it tests that level?
#Bitcoin #Crypto #Trading
