0 reply
18 recasts
21 reactions
/degen
🔹Bitcoin on the verge of a major “Short Squeeze”? $1 billion liquidation possible!
Some analysts believe that if Bitcoin can break the key resistance at $98,000, its price could quickly jump to $101,000 or even higher.
This increase could trigger a major Short Squeeze.
If Bitcoin reaches around $100,000, it will likely experience a minor correction, but then it could break the key resistances at $103,000 and $105,000. In this scenario, the massive liquidation of SHORT trades could quickly drive the price to $108,000 and even beyond.
With this move, Bitcoin dominance may temporarily increase, but after a minor correction, liquidity is likely to flow into altcoins 4 replies
0 recast
3 reactions
2 replies
1 recast
1 reaction
0 reply
0 recast
1 reaction
