#BTC Long Liquidation Alert
$7,342 wiped at $67,985.4
Bitcoin just shook some longs.
At $67,985, around $7.34K in long positions got liquidated. Traders betting on a continued upward move were forced out as price dipped.
When longs get liquidated, the exchange sells BTC at market price to close positions — creating downward pressure. Even modest liquidations can shift short-term momentum, especially near key resistance levels.
💥 Why This Matters
$7K isn’t massive for BTC — but it shows short-term weakness at a critical level.
It tells us:
Buyers above $67,900 got stopped out
Liquidity was stacked near this zone
Price tested the market’s patience
The market just reminded us — nothing above $68K is guaranteed.
👀 What Happens Next?
Bitcoin is at a decision point.
🟢 Bullish Scenario
If BTC:
Holds support near $67,900–$68K
Shows strong buying volume
Then we could see:
➡ Bounce back toward $68.5K–$69K
➡ Potential short squeeze as bears get nervous
🔴 Bearish Scenario
If BTC:
Falls below $67,900 quickly
Shows weak support
Then we could see:
➡ Further pullback toward $67K–$66.5K
➡ Another round of liquidations
Fakeouts happen fast around psychological zones like $68K.
🧠 Smart Approach
Don’t chase dips blindly
Watch for healthy support tests
Monitor volume for confirmation
Manage risk, especially in leveraged trades
Long liquidations can trigger sharp moves…
but real strength comes when buyers defend key levels.
BTC just tested the longs.
Now it’s waiting: Will buyers hold, or will the market push lower? 🚨📊
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