$BTC Liquidated Long: $201K at $100,697.10
Bitcoin recently saw a huge liquidation long of $201K at the price of $100,697.10,
marking a critical point in its price action.
The market is buzzing with anticipation as traders analyze where $BTC might head next.
Key Details:
Current Price: $100,697.10
Liquidation Volume: $201K
Price Action: Bitcoin shows strong volatility at this level, making it a crucial point for traders.
Next Move:
Bullish Scenario: If Bitcoin manages to break above $102,000, it could target the next resistance around $105,000 or higher.
Bearish Scenario: If Bitcoin drops below $97,000, a decline toward $93,000 or even lower could be in play.
Support Level: $97,000
Resistance Level: $102,000
Buy or Sell?
Buy: Look for an entry if BTC holds above $100,000 and continues to show strength, targeting the $102,000 resistance.
Sell: If $BTC fails to break above $102,000 or drops below $97,000, it might be time to exit or short.
Use caution and manage your trades carefully!
