$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 $100K becomes more credibl, especially with shorts flushed and demand rebuilding.
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$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.