$BTC Short Liquidation Alert!
Bitcoin bulls are turning up the pressure! Around $120K in short positions has been liquidated at $80,271.
This suggests buyers are pushing higher and forcing bearish traders out of their positions. If bullish momentum continues, BTC could challenge the next resistance zone.
Watch for a potential short squeeze, increasing volume, and a possible breakout. However, a rejection near resistance could trigger a quick pullback.
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