Bitcoin is sitting right below a major liquidation zone.
There’s heavy short positioning stacked above the 70K level.
If BTC pushes and holds above this area, it could trigger a wave of forced liquidations.
When shorts get liquidated, they are forced to buy back.
That buying pressure can accelerate price very fast.
This is how short squeezes start.
Right now, price is compressing.
Volatility is building.
Liquidity is sitting above.
If 70K breaks cleanly with volume, the move may not stay slow.
But if price gets rejected again, we could see another shakeout before any real breakout.
This is a pressure zone.
Big move loading.
Now the real question:
If 70K breaks…
do we see a short squeeze toward 72K–75K?
Or another fake breakout?
Drop your view below 👇
BTC
66,279.04
-2.08%