Key Insights:
- Over $11B in short positions risk liquidation if BTC price breaks the $101,000 resistance level.
- Whales have accumulated 26,300 BTC, signaling confidence and a possible price breakout ahead.
- Bitcoin is testing key resistance zones with rising volume, hinting at building bullish momentum.
Bitcoin’s liquidation map points to a key level that could trigger a large-scale move. If the price of BTC rises to $101,000, over $11 billion worth of short positions may be forced to close. The green curve in the chart tracks cumulative short liquidations and shows a steady climb as price approaches the key threshold. At $85,702, those short trades remain intact—but the closer BTC moves to $101K, the greater the risk of a chain reaction.
Whale Insider noted,
“$11 billion in short positions to be liquidated if $BTC rallies to $101,000.”
A move through that level could ignite forced buybacks, sending prices even higher. The liquidation data spans major exchanges, including Binance, OKX, and Bybit, with the largest volumes stacked near the upper end of the chart.
Short-Term Test at MA 20 Keeps Bulls in Check
On the 4-hour chart, Bitcoin was testing its 20-period moving average. Previous attempts to cross this line have been met with rejection, as shown by multiple failed breakouts marked in red on the chart. The current price sits just below the moving average near $86,200, with price movement pressing against the mid-Bollinger Band.
Cheds Trading commented,
“BTC 4H into MA 20 now, note prior tests.”
Moreover, Volume has ticked higher, suggesting increased activity, but confirmation is still required. Without a close above this short-term resistance, the trend remains fragile.
Large Wallets Resume Buying
On-chain behavior from large BTC holders shows signs of renewed accumulation. Wallets holding more than 10,000 BTC have added roughly 26,300 BTC in recent sessions, valued around $2.3 billion. This move is reflected in the yellow zone on the cohort chart, showing a clear pivot from selling to buying.
Wallets in the 100–1,000 BTC and 10–100 BTC range have also shifted to accumulation. In contrast, smaller holders (1–10 BTC) appear to still be reducing exposure. BitBull observed, “It looks like a relief rally is coming now,” based on this shift in behavior.
Market Watch
Bitcoin was trading at $86,076.99, gaining 2.4% in 24 hours but still down 10.3% over the past week. Momentum is building, and price action around the $101,000 mark could shape the next leg
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Source: https://coincu.com/analysis/11b-short-squeeze-ahead/