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$BTC – Short Squeeze Strengthens Momentum
A $75.3K BTC short liquidation at $64,029.90 shows that bearish traders were forced to buy back their positions as price moved higher. This type of short squeeze often boosts bullish momentum and can trigger additional upside if buying pressure remains strong.
Watch for a clean break above key resistance with rising trading volume before entering new positions. If bulls stay in control, more short liquidations could extend the rally. Stay patient, wait for confirmation, and always protect your capital with disciplined risk management.
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