$11B Short Squeeze Potential? Bitcoin Eyes Explosive Breakout at $101K

Bitcoin is poised for a potential price surge, with over $11 billion worth of short positions at risk of forced liquidation if the cryptocurrency breaks past the crucial resistance level of $101,000. πŸ“ˆ This explosive move is being signaled by Whale accumulations – including 26,300 BTC from large whales – and a consistent rise in trading volume. πŸ‹ Analysts suggest that if Bitcoin clears this resistance, it could trigger a chain reaction of buybacks, pushing prices even higher. πŸ”₯ πŸ“ˆ Charts show a clear upward trend with high trading activity across various exchanges. The liquidity map suggests a strong likelihood of large-scale movement at $101,000. πŸ—ΊοΈ πŸ’°