#BTCUSDC Short Liquidation Alert
Around $13.76K in short positions were just liquidated on BTCUSDC at $66,841.3.
That means some traders were positioned for downside — but price pushed up instead and squeezed them out. When shorts get liquidated, it creates automatic buying pressure, which can help fuel upward momentum.
What does this tell us?
This looks like a short-term squeeze around the $66.8K zone.
It suggests bears were leaning too aggressively at that level, and the market punished them.
Now the key question is whether this momentum continues… or if it was just a quick liquidity grab before consolidation.
What to watch next 👀
• If BTC holds above $66.8K, we could see continuation toward $67.5K – $68K.
• If price falls back below that level quickly, we may return to choppy range movement.
The reaction around $67K is critical right now.
Smart approach here:
• Don’t chase the breakout blindly
• Watch volume for confirmation
• Look for controlled pullbacks
• Keep leverage disciplined
Short squeezes can spark momentum — but sustained upside needs real spot buying, not just liquidations.
Do you think BTC is building strength here, or still stuck in a range
#BTC #Bitcoin #Crypto #ShortSqueeze#Trading #MarketUpdate
