$BTC Bears Squeezed Hard! đ
A fresh $62.1K short liquidation just hit the books at $116,020, as Bitcoin rips higher â forcing short traders to exit in panic. The king of crypto once again proves why fighting the trend never pays off.
đ Market Breakdown:
After days of consolidation, BTC finally broke out with solid volume, triggering a short squeeze that fueled the upward spike. Momentum now favors bulls, with renewed interest from institutional buyers visible on major exchanges.
đ Signal Provider Analysis:
Bias: Bullish Continuation
Support: $115,500 â $114,900
Resistance: $116,800 â $117,300
Momentum: Strong, with rising open interest
đĄ Next Move Forecast:
If BTC sustains above $115.5K, we could see a clean run toward $117.5K+. A brief pullback to cool funding rates is likely before the next leg up.
⥠Pro Insight:
This short liquidation could be the start of a new upward wave, as whales accumulate during dips. Smart traders stay aligned with the dominant bullish trend â the squeeze might not be over yet.
