$BTC just punched through $79,000.
$31M in shorts got wrecked in the last 4 hours.
This is what happens when you fight the trend. Bears keep trying to call the top, market keeps grinding higher. Classic squeeze setup — stop hunts the shorts, then pushes.
Still bullish structure. If you're short here, you're swimming upstream. If you're long, respect your stops but let it run. We've seen this movie before — breakouts above psychological levels tend to run further than anyone expects.
Watch for a retest of $79k as support. That's your line. Below that, reconsider. Above, stay patient.
$31M in shorts got wrecked in the last 4 hours.
This is what happens when you fight the trend. Bears keep trying to call the top, market keeps grinding higher. Classic squeeze setup — stop hunts the shorts, then pushes.
Still bullish structure. If you're short here, you're swimming upstream. If you're long, respect your stops but let it run. We've seen this movie before — breakouts above psychological levels tend to run further than anyone expects.
Watch for a retest of $79k as support. That's your line. Below that, reconsider. Above, stay patient.
