<ul><li>Over $23.65 million in short positions could be liquidated if Bitcoin breaks back above the $105,000 mark, according to crypto analyst Ali Martinez.</li><li>A heatmap from CoinGlass indicates a dense cluster of short positions above $105,000, raising the potential for a liquidation cascade and short squeeze scenario if bulls surpass that resistance.</li><li>Whales have sold over 30,000 BTC in the last three days, suggesting profit-taking at local highs, which could temporarily suppress upward momentum for Bitcoin.</li><li>Bitcoin faces a critical juncture with a possible breakout above $105K leading to liquidations of shorts and renewed bullish momentum, while recent whale selling hints at a consolidation phase before further advances.</li></ul>

Millions in Short Liquidations Loom if Bitcoin Breaks Above This Level

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