Bitcoin is making notable gains as traders prepare for its price to potentially break the $100,000 mark. On November 21, BTC shows a rise of nearly 3%, positioning it less than $3,000 away from its historic milestone. Trader Skew observed that large sellers might attempt to cap the price at $100K but also noted a surge in ask liquidity above this level. Experts anticipate that crossing this threshold could trigger FOMO among the masses, further driving demand. Meanwhile, short BTC liquidations totaled over $92 million, reflecting increased volatility in the market. Some analysts suggest a retest of support at the low $90,000 range would confirm market strength and maintain momentum. Trading platform Material Indicators highlighted a thin bid liquidity below the current price levels, indicating caution for potential sellers and offering insights on how upcoming tests at these price points could impact BTC’s trajectory.

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