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Hashmeta_x
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What happens next?
Glassnode flagged the largest short liquidation cluster sitting near $90,000. If price pushes into that zone, the squeeze mechanism kicks in forced buying fuels more upside.
$87,000 is the trigger. A daily close above it targets 90,000.
Support at $82,000 is the line. Lose it, the setup breaks.
Everything lines up.
$BTC#FedSeptemberMinutes#HormuzStillClosed
Hashmeta_x
$BTC is in a strong uptrend. Leverage is getting down. This is the exact setup we need.
The trend is stacked.
Price at $86,009. The 7-day SMA at $84,877, 20-day at $83,411, 50-day at $79,512 every layer of the moving average stack sits beneath price. RSI at 66.71. Climbing, but not overbought.
The leverage is bleeding out.
#FedSeptemberMinutes#HormuzStillClosed
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