According to Crypto Rover, if Bitcoin's price reaches $115,000, approximately $12 billion worth of Bitcoin short positions are at risk of liquidation (Source: Crypto Rover on Twitter, June 1, 2025). This significant liquidation level could result in a rapid upward price movement due to a short squeeze, amplifying volatility and attracting momentum traders. The potential for such a large-scale liquidation event underscores the importance of monitoring open interest and liquidation clusters for active traders. Market participants should closely watch resistance levels and order book depth near the $115,000 mark, as a break above this threshold could fuel further bullish sentiment across both Bitcoin and the broader cryptocurrency market.

According to CrypNuevo, Bitcoin’s upside target is around $115,000, which aligns with high timeframe (HTF) liquidation data. A notable liquidation cluster exists between $112,000 and $114,000, just above the previous all-time high, signaling strong resistance and potential for breakout. These clusters highlight areas where short positions are likely to be liquidated, providing fuel for upward momentum if Bitcoin surpasses these levels. Traders are monitoring these price zones for confirmation of a new all-time high, as recent data indicates increased buying pressure and open interest in this range (source: @CrypNuevo on Twitter, May 26, 2025).