🚨 $BTC
Short Liquidation Alert! 🚨
Bitcoin just saw a $5.15K short liquidation at $68,700! Traders who were betting against BTC got burned, and the market is showing signs of strong momentum.
Here’s what I’m seeing next:
💰 Buy Zone: $68,500 – $68,000
This is a strong support area where smart money may step in. Look for confirmation like green candles and volume spikes.
🎯 Target: $69,500 – $70,200
BTC may test these levels as it recovers from the shorts being liquidated. If bullish momentum continues, it can push even higher.
🛑 Stop Loss: $67,700
Keep your risk in check. If BTC breaks below this level, the next support is lower, so protect your capital.
📊 Market Insight:
Shorts getting liquidated means buyers are in control for now.
Watch for high volatility—BTC can move fast after such liquidations.
Momentum is key: strong green candles on high volume confirm the uptrend.
⚡ Action Plan:
Enter carefully in the buy zone.
Set stop loss at $67,700.
Take partial profits at $69,500 and the rest near $70,200.