$BTC just reclaimed $95,000 after clearing a two-month range that had capped upside. The breakout wasn’t noise, it came with ~250M+ in short liquidations, forcing bearish traders to cover and creating a classic short squeeze.



Clearing this level shifts the market structure back to bullish:
• $93K now support
• Next resistance approaching $96K–$98K
• Spot buying driving the move, not just leverage induced spikes

If Bitcoin can hold above the breakout and absorb selling pressure, the path toward $100K becomes more credibl, especially with shorts flushed and demand rebuilding.

Trend > noise.
BTC-1,09%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)