Bitcoin’s Price Surge to $104K Liquidates Nearly $400M in Bearish BTC Bets, Opening Doors to Further Gains

Bitcoin Hits $104,000 in 24 Hours – Bears Get Wrecked

In just 24 hours, Bitcoin surged past $102,500, even reaching $104,000, its highest level since late January. This explosive rally followed Donald Trump’s announcement of a comprehensive U.S.–U.K. trade deal and spot Bitcoin ETF inflows surpassing $40 billion.

Sounds impressive? It is. But here’s the twist:
Nearly $400 million worth of short positions were liquidated, compared to only about $22 million in longs. The market flipped violently—and the bears didn’t even have time to react.

Healthy Market or a Playground for Crypto Whales?

The real question isn’t “Where is Bitcoin heading?” but rather:
Who is actually pulling the strings in this market?

Hundreds of millions wiped out overnight isn’t random. It signals a dangerous reality: the crypto market can be moved—sometimes manipulated—by large players, especially when there’s just enough bullish news and too much leverage on the wrong side

Fair Play or Market Trap?

If you’re a long trader, you might say: “They bet wrong. This is the price of being on the wrong side.”
If you’re a short, you might call it: “A calculated trap set by whales.”
And if you’re watching from the sidelines, you might just wonder:
“Can anyone truly control this market?”

So What’s Really Happening?

🟢 “I believe the bullrun is just beginning—this is the start of a major wave.”
🔴 “This is a classic short squeeze trap before a dump—nothing more.”
😶‍🌫️ “I’m neutral, but this feels more like a psychological game than real investing.”