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List of Flash News about key supply zone

Time Details
2025-05-08
15:51
BTC Largest Market Bid in 6 Months Signals Bullish Momentum Amid Short Squeeze and Key Supply Zone

According to Skew Δ, Bitcoin ($BTC) has experienced its largest market bid in approximately 5 to 6 months, reflecting notable optimism among traders (source: @52kskew via Twitter, May 8, 2025). The price is currently squeezing shorts above the $100,000 level and actively absorbing ask liquidity, which indicates strong buyer interest. On a higher timeframe, BTC is trading around a key supply area, with increasing supply pressure projected towards $106,000. These dynamics suggest heightened volatility and potential for significant price action, providing critical trading opportunities for market participants closely monitoring order book shifts and supply zones.

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