$BTC Short Liquidation Surge 🚨

Massive short liquidation just rocked the Bitcoin market, with a whopping $12.3K wiped out at an astonishing price point of $101,651.8! 💥 This major move has taken many by surprise, triggering intense price action and shaking up the market sentiment.

🟢 What Happened?

A massive squeeze on short positions sent Bitcoin skyrocketing, liquidating traders betting against the asset. This surge to $101,651.8 caught many shorts off guard, causing a sharp upward spike in price.

🔑 Key Takeaways:

Short Squeeze: The rapid price increase forced many short traders to cover their positions, amplifying the upward momentum.

Market Volatility: Such large liquidations highlight the unpredictable nature of the crypto space, where dramatic swings can happen in moments.

💥 What’s Next for Bitcoin?

After this thrilling short squeeze, will Bitcoin continue its bullish rally, or is a pullback inevitable? Watch the charts closely as $101,651.8 may become a key level to track in the coming days.

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