Bitcoin Continues Confident Growth: Price Reaches $93,500 Amid Short Liquidations and Market Factors

Over the past day, the price of BTC has risen by approximately 7%, reaching $92,992 at the time of writing, with potential for further upward movement. This is happening against the backdrop of moderate short position liquidations, which, according to analysts, could serve as a catalyst for further rally.

According to the analytical platform Glassnode, breaking the $93,000 level could trigger significant short liquidations, acting as "fuel" for growth.

In their recent post on X, Glassnode noted: "BTC faced strong rejection at $93K last week, but as the price attempts to break this level again today, we see the formation of large clusters of short liquidations. Short liquidations can act as fuel for upward growth, as forced buyers amplify the momentum."

These clusters are forming in the $92,500–$94,000 range, indicating a potential short squeeze if the price continues to move upward.

However, despite expectations of massive liquidations, over the last 12 hours, the volume of liquidated short positions amounted to only about $123.23 million, while long positions lost $26.96 million. The total liquidation volume for this period reached $150.20 million. Over 24 hours, liquidations in the crypto market reached $376 million, of which $310 million were shorts, indicating pressure on bearish positions. This is a relatively moderate level compared to previous spikes, such as $147 million in shorts liquidated during BTC's recent recovery above $90,000.

On the BTC liquidation heatmap for the period from November 18 to December 2, 2025, clear clusters of liquidations are visible at levels above $93,000, with a predominance of yellow and orange zones indicating high short volumes. The BTC price on the chart shows volatile movement: from dropping below $90,000 to recovery, with noticeable liquidation spikes during growth. This confirms the thesis that short liquidations amplify momentum in a bullish direction.

Why Is Bitcoin Growing?

The growth of BTC in December 2025 is explained by a combination of factors based on market data and macroeconomic trends:

• As analysts note, accumulations of short positions create a "squeeze" effect, where forced short buys push the price upward. Recent data shows a significant skew toward short liquidations, adding momentum.
• BTC's fixed supply (21 million coins) combines with growing institutional interest. Experts predict this will lead to further growth, with potential to reach $120,000–$125,000 by the end of 2025 due to scarcity and reduced selling pressure. Widespread recognition of BTC as a store of value among institutions also plays a role.
• Expectations of a "game-changer" from the U.S. Federal Reserve, including possible monetary policy easing, stimulate demand. Forecasts point to a $6.6 trillion "flip" from the Fed in December, which could trigger a massive shock for BTC's price.
• With the arrival of a crypto-oriented president, the industry expected a jump to $250,000 by the end of 2025. Although reality has been more volatile, it still supports bullish sentiment.
• Short-term volatility exceeds long-term, signaling potential sharp movements. The market anticipates "big swings" at the start of the new year, attracting speculators.

Despite some corrections at the beginning of December, historically, December is one of the best months for BTC with an average growth of 9.7%. Analysts advise monitoring the $93,000–$94,000 levels, where a breakthrough could open the path to $100,000. However, the market remains volatile, and traders should be cautious with leverage.