{"id":64047,"date":"2025-05-04T11:30:04","date_gmt":"2025-05-04T11:30:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64047"},"modified":"2025-05-04T11:30:04","modified_gmt":"2025-05-04T11:30:04","slug":"bitcoin-at-100k-3-billion-in-shorts-are-on-the-line","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64047","title":{"rendered":"Bitcoin At $100K? $3 Billion In Shorts Are On The Line"},"content":{"rendered":"

Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin\u2019s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions<\/a> potentially being erased should Bitcoin move over the coveted $100,000 threshold.<\/p>\n

Massive Short Positions Clustered Below $100K<\/h2>\n

According to Coinglass<\/a>, there\u2019s a heavy concentration of short positions across major exchanges like Binance, OKX, and Bybit between the $97K and $100K range. That cluster of bets against Bitcoin is now on shaky ground. A move past $100K could lead to a wave of liquidations totaling about $3.04 billion.<\/p>\n

If Bitcoin<\/a> goes even further\u2014to approximately $105,000\u2014liquidations may rise to almost $3.73 billion. At the last all-time high of $109,000, the figure may reach $4 billion. Short sellers who sold the market with high leverage are most vulnerable, and the heat is on.<\/p>\n

Long Positions Cleared In Earlier Dip<\/h2>\n

While shorts are currently in the crosshairs, long positions already lost some ground. In a recent dip, longs saw much of the bullish bets get washed out. The aggregate leverage that supported long positions has declined drastically, according to the red trendline of long liquidations.<\/p>\n

This leaves fewer overconfident buyers propping up the market, lessening the risk of an abrupt crash from long-side liquidation. The reset also leaves a cleaner path higher, as there is less resistance from leveraged longs attempting to hold their positions.<\/p>\n

Resistance Zone Between $96K And $98K<\/p>\n

Bitcoin is now trading within one of its largest resistance zones. On-chain indicators on IntoTheBlock indicate that an estimated 1.06 million wallets purchased approximately 750,800 BTC between the $96K and $98K regions. That\u2019s nearly $73 billion\u2019s worth of Bitcoin at break-even for a good number of holders.<\/p>\n

This region is significant. If Bitcoin manages to break above it, there will be less selling pressure in the way. The price may rise quicker with fewer hurdles between $98K and $100K.<\/p>\n

$3B in #Bitcoin<\/a> shorts will get liquidated at $100K.<\/p>\n

Let\u2019s send it. pic.twitter.com\/VKMePfQDhS<\/a><\/p>\n

\u2014 Carl Moon (@TheMoonCarl) May 2, 2025<\/a><\/p>\n\n

$100K In View As Analysts Monitor The Market Closely<\/p>\n

The $100,000<\/a> level is more than a figure. It\u2019s a psychological mark for traders, and it might be the beginning of something bigger. Crypto analyst Carl Moon responded to the situation on social media with a quick comment: \u201cLet\u2019s send it.\u201d The remark captures the sentiment of most in the market.<\/p>\n

At present, Bitcoin is probing its limits. If the bulls continue in charge, shorts may become squeezed, and the path to six figures may be nearer than it appears.<\/p>\n

Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin\u2019s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions potentially being erased should Bitcoin move over the coveted $100,000 threshold. Massive Short Positions Clustered Below $100K According […]<\/p>\n","protected":false},"author":0,"featured_media":64048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64047"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64047"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/64048"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}