According to Crypto Rover, approximately $3 billion worth of Bitcoin shorts will be liquidated if BTC reaches the $120,000 level (source: Twitter/@rovercrc, May 22, 2025). This significant liquidation volume could trigger a rapid price surge due to a short squeeze, attracting bullish momentum and increased trading activity across major crypto exchanges. Traders should closely monitor resistance at $120,000, as a breakout could amplify volatility and impact altcoin markets as well.

According to Crypto Rover, a significant Bitcoin buy signal is currently flashing, indicating a potential price surge towards $120,000. This signal is supported by technical indicators showing bullish momentum. Traders may consider this as a strategic entry point. [source: Twitter]