Bitcoin Shorts Obliterated as BTC Smashes $116K – A New Era Begins
Bitcoin just rewrote the rules—again. The king of crypto didn’t just break $116K; it left a trail of liquidated shorts in its wake. Here’s why this isn’t just another pump.
### The Reckoning for Short Sellers
Leveraged bears got steamrolled as BTC’s relentless rally turned their bets into kindling. No sympathy here—this is crypto’s version of natural selection.
### The $116K Threshold: More Than a Number
This isn’t just a psychological barrier. It’s a middle finger to the 'overbought' crowd and a green light for institutional FOMO. Traders scrambling to cover? Cue the violin music.
### What’s Next: Gravity or the Moon?
Technical analysts are split between 'correction overdue' and 'throw your charts out the window.' Meanwhile, Wall Street’s latecomers are still waiting for a 'dip' that never comes. Classic.
Love it or hate it, Bitcoin’s latest surge proves one thing: the market doesn’t care about your feelings. And neither do margin calls.