๐จ BITCOIN JUST EXPLODED ABOVE $86,000 ๐
Hereโs what actually happened ๐
BTC ripped higher and briefly crossed $86K, triggering a massive wave of short liquidations.
Around $252M in crypto short positions were liquidated as the pump forced leveraged traders out.
This kind of move can create a short squeeze, where forced liquidations add even more buying pressure.
Now the big question is:
Can Bitcoin hold above $86K, or was this just a short squeeze? ๐๐
Hereโs what actually happened ๐
BTC ripped higher and briefly crossed $86K, triggering a massive wave of short liquidations.
Around $252M in crypto short positions were liquidated as the pump forced leveraged traders out.
This kind of move can create a short squeeze, where forced liquidations add even more buying pressure.
Now the big question is:
Can Bitcoin hold above $86K, or was this just a short squeeze? ๐๐