Bitcoin Hit Record $119K Amid $120M Short Liquidations

Bitcoin don reach im highest point ever for $119,370 during di weekend, wey institutional money and tori about US Bitcoin reserve plan and crypto blue-chip ETF dey push am. Di sharp increase cause $123.19 million short squeeze, make crypto liquidation hit $205 million for 24 hours — Binance lead with $43 million and Bybit get $37 million. BTC shorts lose $34.1 million, ETH, XRP and SOL sef na dem juicy one wey dem liquidate. As dem dey talk dis, BTC dey trade around $118,692, don go up 1.3% for di past 24 hours and 9% for di week, RSI at 72 show say people don buy pass. Analyst Niels talk say strong resistance dey $119,000–$120,000: if e fit break, Bitcoin fit move go $135,000–$140,000, but if e no fit, e fit drop go $114,000–$115,000. Dis record rally and short squeeze show say bullish momentum dey but e still mean say make we watch for wahala soon.