Bitcoin keeps failing to break above$BTC
BTCUSDT
Perp.
92,331.1
+2.26%
US$108,500 due to two key barriers:
Strong resistance at US$93,700.
Whales reducing exposure, with large holders (≥1,000 BTC) dropping to monthly lows.
But the good news:
A massive short-squeeze setup is ready. Binance short liquidations over the past 30 days (US$3.66B) are almost 50% higher than longs. A clean daily close above US$93.700 could trigger a squeeze → US$94,600 → US$105,200 → final target US$108,500.$BTC
The inverse head and shoulders pattern stays valid above US$83,800; invalid below US$80,500.$BTC