There’s a $400M short squeeze wall sitting just above the $76k BTC level. What does this mean?
If BTC pulls back toward $76k and holds, nearly $400M worth of short positions could get liquidated.
When shorts get liquidated, exchanges force-buy BTC — and that buy pressure can push price even higher, creating a squeeze.
Right now, a lot of people are taking the ‘BTC to $25k’ hype very seriously, but heavy short positioning often becomes fuel for the opposite move.
Markets love to punish the crowded side.”
🤔 So is $76k a trap for bears… or the launchpad for the next squeeze?
