BTC'S $90K FAKEOUT: MASSIVE LIQUIDATION IMBALANCE SIGNALS WEAKNESS? 📉
• Bitcoin's brief move above $90,000 triggered a surreal 142,580% liquidation imbalance in one hour.
• This fakeout wiped out $6.63 million in short positions, despite the price moving less than 1%.
• The $90,000 level appears to be strong resistance, indicating potential short-term weakness.
🟢 Support Zone: $87,500, $85,000
🔴 Resistance Zone: $90,000, $92,000
⚖️ Bias: Short
The $90,000 fakeout indicates strong resistance and a potential rejection from this key psychological level, signaling short-term weakness despite the volatility that liquidated shorts.
Are you eyeing $85,000 support, or anticipating a further dip for $BTC after this rejection? Share your strategy! 👇
Like and Follow for daily data-driven Alpha. Trade smart, stay ahead! 🚀
#CryptoNews #BTC #BinanceSquare #TradingSignals
