🚨 $BTC BREAKS $84K — SHORTS GET CRUSHED
Bitcoin just pushed above $84,000, its first move to that level since January 31.
But the bigger story is what happened to leveraged traders.
According to CoinGlass data cited by BeInCrypto, roughly $262.3M in BTC short positions were liquidated in just one hour, compared with about $9.53M in longs.
That means the move wasn't just a clean grind higher.
Short sellers were forced to buy back positions as BTC accelerated through $84K — adding fuel to the move.
Now I'm watching what happens after the squeeze.
If BTC can hold above the breakout area, that's a much stronger signal than simply touching $84K.
Short squeeze… or real spot demand finally taking control? 👀
Bitcoin just pushed above $84,000, its first move to that level since January 31.
But the bigger story is what happened to leveraged traders.
According to CoinGlass data cited by BeInCrypto, roughly $262.3M in BTC short positions were liquidated in just one hour, compared with about $9.53M in longs.
That means the move wasn't just a clean grind higher.
Short sellers were forced to buy back positions as BTC accelerated through $84K — adding fuel to the move.
Now I'm watching what happens after the squeeze.
If BTC can hold above the breakout area, that's a much stronger signal than simply touching $84K.
Short squeeze… or real spot demand finally taking control? 👀
