๐จ BTC SHORTS ARE GETTING SQUEEZED! ๐จ
๐ข #BTC Liquidated Short: $57.8K at $85,015.30
Bitcoin just forced another short position out of the market as price pushed through the $85K zone. Current market data shows BTC trading around the mid-$84K area, while the $85.2K region is an important nearby liquidation cluster. ๏ฟฝ
Binance +1
โก Signal Read:
The short liquidation suggests buyers are currently putting pressure on leveraged bears. If BTC can reclaim and hold $85Kโ$85.2K, another squeeze toward higher levels could develop. A rejection around that zone, however, could trigger a pullback toward the $84.2K area, where another sizeable liquidation pocket is estimated. ๏ฟฝ
ByKaranteli Terminal
๐ฏ My Market View:
Cautiously bullish above $85K. Iโd watch the reaction around $85.2K closely rather than chase the breakout. A clean hold above resistance would strengthen the upside setup; losing $84.2K would weaken it.
๐ Key Levels:
โข Resistance: $85,015 โ $85,200
โข Support: $84,200
โข Trigger: Sustained move above $85.2K
๐ฅ BTC is sitting right where leverage can fuel the next move. Stay alertโone decisive breakout or rejection could accelerate volatility.
#EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember #EtherGains70.9%InQ3 #US10YearYieldNears5.3%
๐ข #BTC Liquidated Short: $57.8K at $85,015.30
Bitcoin just forced another short position out of the market as price pushed through the $85K zone. Current market data shows BTC trading around the mid-$84K area, while the $85.2K region is an important nearby liquidation cluster. ๏ฟฝ
Binance +1
โก Signal Read:
The short liquidation suggests buyers are currently putting pressure on leveraged bears. If BTC can reclaim and hold $85Kโ$85.2K, another squeeze toward higher levels could develop. A rejection around that zone, however, could trigger a pullback toward the $84.2K area, where another sizeable liquidation pocket is estimated. ๏ฟฝ
ByKaranteli Terminal
๐ฏ My Market View:
Cautiously bullish above $85K. Iโd watch the reaction around $85.2K closely rather than chase the breakout. A clean hold above resistance would strengthen the upside setup; losing $84.2K would weaken it.
๐ Key Levels:
โข Resistance: $85,015 โ $85,200
โข Support: $84,200
โข Trigger: Sustained move above $85.2K
๐ฅ BTC is sitting right where leverage can fuel the next move. Stay alertโone decisive breakout or rejection could accelerate volatility.
#EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember #EtherGains70.9%InQ3 #US10YearYieldNears5.3%