The crypto market experienced a massive liquidation event, with over $1.58 billion in liquidations within 24 hours. Bitcoin dropped to a three-month low of $86,141. However, a popular crypto strategist believes that a significant relief rally is on the horizon, triggered by a short squeeze. After the squeeze, the strategist predicts a capitulation event that will pave the way for new record highs. They anticipate Bitcoin rallying to $100,000 before dropping to $80,000 and then surging to new all-time highs. Ethereum and Solana are also expected to follow similar paths, with Ethereum potentially reaching $5,000 and Solana rallying to $185 before a drop to $120 and subsequent reversal to $310.



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