$BTC 🚨🚨🚨 alert🕳️🚨👀

There are around 6 billion dollars in short positions at stake.

If Bitcoin makes an impulsive move to $100,000, those positions would be eliminated by instant liquidations. The market would literally squeeze everyone who is short against the rally.

This is the moment when every bullish movement of BTC can trigger a cascade of liquidations and, in theory, that could lead to that explosive move that those who are short fear the most.

Do we believe in a Bitcoin at 100K? 👍

Will it look to liquidate them?

BTCUSDT

Perp

90,055.3

-1.44%

LUNC

0.00004646

-12.45%

ZECUSDT

Perp

455.59

-1.45%