Bitcoin just broke $65,000.
And the move is already hurting the bears.
Around $30M in short positions were liquidated in just 60 minutes as $BTC pushed higher.
That’s the part worth watching now. A clean breakout can turn into a much bigger move when traders betting against it are forced to close.
$65K was a level everyone was watching. Now the question is simple:
Does Bitcoin hold it, or do we get another squeeze higher?
And the move is already hurting the bears.
Around $30M in short positions were liquidated in just 60 minutes as $BTC pushed higher.
That’s the part worth watching now. A clean breakout can turn into a much bigger move when traders betting against it are forced to close.
$65K was a level everyone was watching. Now the question is simple:
Does Bitcoin hold it, or do we get another squeeze higher?