Bitcoin (BTC) staged a quick rally to $90,600 on Wednesday, but the gains evaporated as the US Federal Reserve decision to forgo an interest rate cut was announced. One analyst said that the price level stands out as a key liquidation zone, with over $4 billion in leveraged short positions at risk of liquidation. Key takeaways:Over $4.5 billion in BTC short liquidations sit near $93,500, making it a possible stop-hunt level for traders. Source: Cointelegraph/TradingViewPotential short liquidations set a $93,500 price target for BitcoinAccording to crypto trader Mark Cullen, the $93,500 level stands out on Bitcoin’s exchange liquidation map. Related: Bitcoin eyes $90K ahead of FOMC: Watch these BTC price levels nextThis article does not contain investment advice or recommendations.