Bitcoin Price Prediction: $800M Short Squeeze Resets Market as BTC Holds $95K

TL;DR:

Bitcoin price prediction after an $800M short squeeze shows BTC holding $95K as liquidations reset leverage and signal consolidation, not trend exhaustion. The post Bitcoin Price Prediction: $800M Short Squeeze Resets Market as BTC Holds $95K appeared first on Cryptonews.

Key Points:

Background:

Cryptocurrency liquidations occur when leveraged trading positions are automatically closed by exchanges due to insufficient margin. Large-scale liquidation events, often called liquidation cascades, can trigger dramatic price movements as positions are forcefully sold or bought back.

Why It Matters:

Liquidation events reveal the extent of leveraged positions in the market and can cause or accelerate significant price volatility. Understanding liquidation dynamics helps traders assess market risk and potential volatility triggers in cryptocurrency markets.