Is $BTC About to Hit $100K or Crash Harder? 🚨

Entry: N/A

Target: N/A

Stop Loss: N/A

Bitcoin is painting a classic bear flag, hinting at a potential final push before a significant correction. Before the bears take full control, expect a liquidity hunt. Why the potential upside? Massive short liquidations are stacked between $95K and $100K. Mild funding rates suggest room for a squeeze, and sellers are clustered around $98K-$100K. High Open Interest is priming for a blow-off move. Targets for this squeeze could hit $97.5K, with a major liquidity zone and potential fakeout at $99.5K-$100.8K.However, once that upside liquidity is grabbed, the bear flag breakdown is likely. Confirmation comes with a decisive loss of $91.5K on volume, followed by a daily close below $90.2K. Projected targets then point to $87.5K, $84K, and ultimately $80K as the measured move. Keep a close eye on $97.5K and the $100K-$100.8K zone for the upside, and $91.5K, $87.5K, $84K, and $80K for the downside.

This is not financial advice.

#BTC #CryptoTrading #BitcoinAnalysis #MarketMoves šŸš€

BTC
BTCUSDT
89,497.1
-0.53%