Bitcoin Set to Obliterate Shorts in Brutal $108K Squeeze — Here’s What Comes Next
Main Idea
Bitcoin is approaching a critical price level of $108K, with potential for a short squeeze if it breaks through, which could propel it toward $115K–$120K.
Key Points
1. Bitcoin is currently trading around $107K, with significant short interest concentrated just above $108K.
2. A break above $108K could trigger a brutal short squeeze, pushing prices higher.
3. The $106K–$107K zone is a key support level that could act as a launchpad for further gains.
4. If bulls hold the line and push past $108K, the next target could be $115K–$120K.
5. Liquidity walls and short liquidation levels between $108K and $108.5K are critical for the next price movement.
Description
As Bitcoin dances around $107K, liquidity is tightening like a noose, and it might just snap. BTC is closing in on a critical inflection point, not...
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