🚨 $BTC — SHORT SQUEEZE OR REJECTION?
BTC saw an $85.4K short liquidation near $82,839, showing that sellers faced pressure around this region. The daily structure remains constructive, but the market still needs a decisive reclaim of nearby resistance to establish stronger bullish continuation. Watch for a liquidity sweep followed by a firm candle close rather than chasing a sudden move.
📊 Support: $82,003 / $80,390
🎯 Resistance: $83,428 / $84,442
🚀 Next Target: $85,830
⚠️ Bearish Confirmation: Losing $80,390 could expose the $78,912 support zone.
A sustained move above resistance could attract further buying, while rejection may trigger another test of lower liquidity.
Let's go $BTC 🚀
BTC saw an $85.4K short liquidation near $82,839, showing that sellers faced pressure around this region. The daily structure remains constructive, but the market still needs a decisive reclaim of nearby resistance to establish stronger bullish continuation. Watch for a liquidity sweep followed by a firm candle close rather than chasing a sudden move.
📊 Support: $82,003 / $80,390
🎯 Resistance: $83,428 / $84,442
🚀 Next Target: $85,830
⚠️ Bearish Confirmation: Losing $80,390 could expose the $78,912 support zone.
A sustained move above resistance could attract further buying, while rejection may trigger another test of lower liquidity.
Let's go $BTC 🚀