Bitcoin’s $123k rally triggers $623m short squeeze in 24 hours

Bitcoin Touched $123K – What Just Happened?

by Kerry Lutz Kerry Lutz’s Substack “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted — but not sold.”— Satoshi (probably) In the early hours of **July 14**, Bitcoin quietly tagged **$123,000** — a print most of the world slept through. No confetti. No CNBC banner. No Michael Saylor meme. Just silence… and then a sharp pullback to sub‑$118 K. But this wasn’t a blow‑off top. It …

Bitcoin tops $123,000 as short sellers retreat and 'crypto week' gets und...

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Bitcoin Eyes $140,000 as Bullish Momentum Gathers Steam

Bitcoin’s recent surge past $123,000 has reignited market excitement and sparked bullish predictions from analysts. The leading cryptocurrency’s technical indicators, coupled with macroeconomic tailwinds, suggest a potential parabolic surge to a $140,000 top in the coming weeks. However, investors should approach this prediction with a critical eye and consider the broader context. Source

Bitcoin-Fueled Sell-Off Triggers $1.1 Billion In Crypto Liquidations

Bitcoin drove $468M of $1.1B in liquidations, affecting over 126K traders in 24 hours. Short positions dominated, with HTX seeing 96.74% of liquidations on the short side. Binance recorded the largest single liquidation, a $98.1M BTC/USDT position closed. Over $1.1 billion in leveraged crypto positions were liquidated within 24 hours, as price movements led to widespread margin calls across global exchanges. Phoenix Group’s data, published on Ju…

Bitcoin tops $123,000 as short sellers retreat and 'crypto week' gets underway in Washington

CNBC’s MacKenzie Sigalos reports on the technical and structural forces behind bitcoin’s rally to new all-time highs — including a massive short …

Before You Trade, See Which Altcoins Are In for a Massive Squeeze

New data on liquidation density reveals a deep divide in the altcoin market, signaling high volatility One group, including AVAX and LINK, faces a massive “short squeeze” risk, which is a bullish setup Another group, including RUNE and DOGE, faces a significant “long squeeze” risk, a bearish setup A growing number of crypto traders are shifting their focus from traditional price action to liquidation density, a lesser-known but powerful metric t…