🚨 ALERT: BITCOIN LEADS A SHARP REBOUND DUE TO A SHORT SQUEEZE AND ETF FLOW RESTART
Bitcoin is leading a swift recovery across the crypto market after a wave of liquidations in short positions (short squeeze) was triggered. The move is supported by the renewed surge of massive capital inflows into spot Bitcoin ETFs and a solid consolidation following recent macroeconomic volatility.
⚠️ RISK: If $BTC fails to consolidate the key $80,000 resistance level, we could see an accelerated profit-taking move with elevated volatility in the derivatives market.
#BTC #Crypto
Bitcoin is leading a swift recovery across the crypto market after a wave of liquidations in short positions (short squeeze) was triggered. The move is supported by the renewed surge of massive capital inflows into spot Bitcoin ETFs and a solid consolidation following recent macroeconomic volatility.
⚠️ RISK: If $BTC fails to consolidate the key $80,000 resistance level, we could see an accelerated profit-taking move with elevated volatility in the derivatives market.
#BTC #Crypto
