Bitcoin is on the verge of a massive short squeeze, with liquidations approaching $1 billion. If Bitcoin reaches $100,000, short-sellers could face significant losses, potentially triggering a market rally. A recent shift in trader sentiment from betting on price increases to betting on price decreases sets the stage for a sharp price surge that could catch short-sellers off guard. Analysts predict that if Bitcoin breaks above key resistance at $98,000, it could quickly soar to $101,000 or higher, leading to a massive short squeeze and possible liquidations of up to $800 million. Altcoins may also benefit from this shift, as Bitcoin's rise could eventually lead to a larger rally in altcoin markets. The analyst recommends accumulating Solana (SOL), anticipates a breakout for Injective (INJ), sees trend breaks for Cardano (ADA) and Avalanche (AVAX), and suggests Thorchain (RUNE) as a high risk/reward trade. However, readers are reminded to exercise caution and are advised that the information provided is for informational and educational purposes only.



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