Bitcoin Nears All-Time High as $104K Breakout Triggers $400M Short Squeeze

Bitcoin’s bullish momentum continues unabated as it surges past $104,300, edging closer to its historic peak of $109,000. The latest rally has ignited a massive $400 million liquidation wave across derivatives markets, further fueling upward price pressure. Key technical breakouts at $97,000 and $101,000 have dramatically shifted market sentiment, confirming the strength of the current uptrend.

Bitcoin Surges Past $104,000, Sparking $400M Short Liquidation Wave

Bitcoin’s relentless rally continues as it breaches $104,300, inching closer to its all-time high of $109,000. The MOVE triggered a cascade of short liquidations exceeding $400 million across derivatives markets, creating additional upward pressure.

Critical short squeezes at $97,000 and $101,000 acted as accelerants for the breakout, fundamentally shifting trader sentiment. This price action validates the bullish technical structure that analysts have projected through 2025, with BTC now testing the upper bounds of its historical range.

The liquidation heatmap reveals concentrated pain for bears NEAR key psychological levels. Market depth charts show thin resistance remaining until the record high, suggesting the momentum could sustain through the weekend trading sessions.

New Bitcoin Surge: CZ’s Advice For Investors

Changpeng Zhao, the former CEO of Binance, has issued a stark reminder to cryptocurrency investors amid Bitcoin’s latest rally. As BTC surpasses $100,000, his counsel cuts through the market noise with disciplined clarity.

More than 344,620 new wallets have entered the Bitcoin network during this upward trajectory. CZ attributes panic selling to fundamental knowledge gaps, advocating education as the antidote to emotional trading. His public statements frame market volatility as an inevitable feature rather than a bug of crypto adoption.

The timing proves prescient. Bitcoin’s breach of psychological resistance levels coincides with renewed institutional interest. Exchange data shows accelerating accumulation patterns among long-term holders, suggesting growing conviction in the asset’s store-of-value proposition.

Donald Trump’s Bitcoin Holdings Revealed by Son, Sparking Market Speculation

Former U.S. President Donald Trump maintains significant bitcoin holdings despite his mixed public stance on cryptocurrencies, according to a recent disclosure by his son. The revelation coincides with heightened market activity as investors pivot toward low-cap altcoins like FloppyPepe (FPPE) amid Bitcoin’s elevated price levels.

Market analysts are revisiting bullish BTC price targets, including the $150,000 threshold, as political figures’ involvement underscores growing institutional acceptance. The Trump family’s endorsement could catalyze renewed retail interest during a period of shifting capital flows toward speculative assets.

Bitcoin Surges Past $100K as Analyst Predicts Major Bull Cycle

Bitcoin has shattered the $100,000 barrier, marking a pivotal moment in its market trajectory. Rekt Capital, a prominent crypto analyst, interprets this breakout as the dawn of a new four-year cycle—one that could mirror historical bull runs.

The 2025 projection looms large in this framework. Historical patterns suggest it may represent the zenith of Bitcoin’s current cycle, offering substantial upside for investors who position themselves early.

Bitcoin’s Million-Dollar Future Gains Credibility Among Institutions

Bitcoin, the flagship asset of the 21st century, continues to polarize investors while defying traditional financial expectations. Projections of a $1 million valuation, once dismissed as fringe speculation, now resonate within influential economic circles. Asset manager VanEck forecasts a $2.9 million price target by 2050, citing fiat currency erosion and institutional adoption as key catalysts.

The U.S. monetary landscape shows early signs of structural shifts—former President Trump’s executive order establishing a strategic Bitcoin reserve marks a watershed moment for state-level crypto adoption. This development coincides with growing institutional recognition of BTC as a hedge against inflation and monetary instability.