Bitcoin Liquidation Heatmap Signals Major Move Ahead ๐ฅ
Bitcoin ($BTC ) is trading near $88,200, but derivatives data tells a much bigger story.
๐ What the Heatmaps Show โข Over $8.1B in short positions stacked above current price
โข Around $6.8B in long positions at liquidation risk within a 10% move
โข Heavy short liquidation zones between $90K โ $98K
โข Limited downside liquidation pressure below $88K
โ ๏ธ Why This Matters When shorts get liquidated, exchanges force market buy orders, which can rapidly push prices higher โ creating a short squeeze.
๐ Bullish Scenario If BTC breaks above $90,000, forced short covering could accelerate upside momentum.
๐ Bearish Scenario If BTC stays below $88,000, short pressure remains contained and volatility cools.
๐ก Big Picture โข Bitcoin futures open interest peaked near $94B, showing high leverage
โข Past liquidation clusters have triggered multi-billion dollar cascades
โข Liquidation heatmaps often act as contrarian indicators
๐ Key Takeaway Bitcoin is entering a zone where direction matters more than indicators.
The next breakout โ or rejection โ could be violent.
๐ Watch $88K support & $90K resistance closely.
#Bitcoin #BTC #ShortSqueeze #Derivatives #BinanceSquare
