High
Bitcoin approaching $100,000 caused nearly $300 million in liquidations, predominantly shorts, signaling a strong short squeeze. btc dominance surpassed 60%, indicating significant capital inflow.
High
The analysis is based on reported liquidation data, price movements, moving averages, rsi, and dominance metrics from tradingview.
Bullish
Bitcoin is trading just under $100,000, supported by moving averages and a strong bullish structure on the daily chart. potential to reach $105,000-$110,000 with volume confirmation.