Happy New Year Wish you all the best
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💢 Bitcoin on the Verge of a Major Liquidity Squeeze 🔘 Bitcoin is currently consolidating around $122,000, while open interest has surged to an all-time high of $88B. Analysts warn that this extreme positioning could trigger a short squeeze and a potential flash liquidity event within the next two weeks. Traders anticipate that the market may need to rebalance liquidity toward the $124,000 level in the near term. However, persistent bearish divergences on higher timeframes continue to cast doubt over the sustainability of Bitcoin’s bullish momentum
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Do you notice how time passes? Sometimes it gets late too quickly.
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