Bitcoin’s $100K dream on hold: How bears are keeping BTC stuck in a loop

AMB Crypto 10 months ago 246

Bitcoin remains stuck below $100K, despite 81% odds of reaching it.
Bears have shown that hitting this milestone won’t be easy—patience will be tested.

Bitcoin [BTC ($111,490.00)] investors have endured a rollercoaster week, with high hopes for the cryptocurrency’s historic $100K milestone. Despite top analysts assigning an 81% probability of BTC reaching this target, the weekend ended without the anticipated breakthrough, keeping the market on edge.

The last 24 hours have only added to the drama. A staggering 160,527 traders were liquidated, amounting to $376.22 million in losses, as volatile price movements disrupted both long and short positions.

This surge in liquidations highlights the intense volatility gripping the derivative market. Is this a warning sign of a larger market shift on the horizon?

Long-squeeze triggered as bears’ strategy plays out

Current long/short ratios reveal a bearish tilt, with traders heavily short...

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