BTCUSDC # Short Liquidation Alert
Around $16.86K in short positions just got liquidated on BTCUSDC at $67,720.9.
That means some traders were betting on downside… and price moved up against them. When shorts get liquidated, their positions are force-closed — which adds extra buying pressure to the move.
What does this signal?
Short liquidations usually happen during strong upward pushes.
It suggests bulls had control in that moment and squeezed out weak bears.
But the key question is — was this just a quick spike, or the start of stronger upside momentum?
What to watch now 👀
If BTC holds above the $67.7K zone, we could see continuation toward $68.5K – $69K.
If price pulls back below that level quickly, it may have been just a short-term squeeze and we could see consolidation again.
Smart approach here:
• Don’t chase the pump blindly
• Look for healthy pullbacks
• Watch volume for confirmation
• Manage risk — especially with leverage
Short squeezes can move fast, but sustainability depends on real spot buying — not just liquidations.
Are we heading for a breakout above 68K, or was that just a quick squeeze? 📊🚀
#BTC #Bitcoin #Crypto #ShortSqueeze #Trading $BTC