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Bitcoin's Rollercoaster: Shorts' Liquidation Looms!

Bitcoin teeters near $115K, poised to obliterate $7B shorts if breached. With US financial conditions easing, investors are primed for risk, as @ecoinometrics notes. Bitcoin thrives under these macro conditions, spurring bullish fervor. Yet, indicators flash warnings; Bitcoin's in the 'Overheated Zone.' Past patterns hint at potential corrections. As BTC skirts its all-time high, volatility surges, with cautious eyes on profit-taking. Will this be Bitcoin's next meteoric rise or a momentary lapse?
Klaus on Ethereum