🚨 BITCOIN SURGES ABOVE $81,000 — SHORTS GET LIQUIDATED
$BTC continues a strong recovery and today climbed to about $81,700 🔥
One of the factors behind the sharp move was a short squeeze: in roughly an hour, around $192 million worth of positions were liquidated across the crypto market, with more than $183 million hitting shorts. For Bitcoin alone, short liquidations totaled about $119 million.
📈 Along with BTC, altcoins also came back to life: ETH, SOL, and XRP also showed a notable rise.
Meanwhile, the move is happening amid higher rates and ongoing macroeconomic uncertainty — buyers are still maintaining the initiative.
👀 Right now, I’m closely watching the $80–81K zone. It’s important to see whether BTC can hold above it after this impulse, or whether the market will return for a retest.
I’ll be breaking down the next levels and market moves here.
$BTC continues a strong recovery and today climbed to about $81,700 🔥
One of the factors behind the sharp move was a short squeeze: in roughly an hour, around $192 million worth of positions were liquidated across the crypto market, with more than $183 million hitting shorts. For Bitcoin alone, short liquidations totaled about $119 million.
📈 Along with BTC, altcoins also came back to life: ETH, SOL, and XRP also showed a notable rise.
Meanwhile, the move is happening amid higher rates and ongoing macroeconomic uncertainty — buyers are still maintaining the initiative.
👀 Right now, I’m closely watching the $80–81K zone. It’s important to see whether BTC can hold above it after this impulse, or whether the market will return for a retest.
I’ll be breaking down the next levels and market moves here.
