đ Bitcoin: Imminent Move? Letâs Analyze the Liquidation Map! đ
Hey crypto friends! đ§ đž Today weâre analyzing the BTC/USDT Liquidation Map on Binance. As shown in the chart, weâre in a very interesting situation, with a key liquidation zone right around the current price of $98,300. Letâs break it down and explore BTC's possible moves! đ
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đ Bearish Scenario: Attack on the Longs?
Below $97,864, the market seems loaded with long liquidations.
If the price drops below this level, we might see a wave of liquidations driving BTC even lower.
đĄïž What to do? Long traders might consider a strategic stop-loss to avoid unpleasant surprises.
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đ Bullish Scenario: Short Squeeze Incoming?
Above $98,300, we see a high concentration of shorts that could face liquidation.
If BTC breaks this resistance, we might witness an explosive push towards $100,000+. đđ„
đŻ What to do? Bullish traders could monitor this zone for a potential entry point.
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âïž Decision Zone: Who Will Win?
At the moment, BTC is in a very delicate balance. Bears aim to push the price below $97,864, while bulls are targeting short liquidations above $98,300.
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đą My Advice: Watch, Adapt, Act!
1. đ”ïž Carefully monitor these critical zones.
2. đą Expect high volatility.
3. đ Adapt your strategy based on price movement.
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đŹ What do you think? Share your analysis in the comments! đ
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Letâs trade smart, donât get liquidated! đđ„