A notable $11.706K short liquidation near $63,967.9 signals that bearish positions were squeezed, reinforcing short-term bullish momentum. Buyers are reclaiming control, but confirmation above resistance is essential before expecting continuation.
Support: $63,200–63,500
Resistance: $64,500–65,000
Next Target: $66,000+
As long as BTC holds above support, the trend favors further upside. Watch volume closely—a strong breakout above resistance could trigger another wave of short liquidations and accelerate momentum. Stay disciplined and wait for confirmation before chasing price.
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