🚨 $BTC Bitcoin surpassed $85K — but miner data could be even more interesting.
The $BTC surpassed $85,000 on September 21, reaching the highest level since January. At the same time, more than $648 million in short positions were liquidated within 24 hours, suggesting that part of the move may have been driven by momentum and liquidations.
The standout point is in the miners: reserves reportedly reached around 1.194 million BTC on September 19, the highest level in approximately five months, with an increase of 2,780 BTC over the prior week.
Now, the question isn’t just whether BTC can reach $90K. The focus is on whether the breakout can hold.
The $80K–$82K zone could be important. If BTC returns to that area and finds buyers, the breakout gains a more consistent structure. If it quickly loses that range, the move may have been driven mainly by the closing of short positions.
What do you think: is the real test now the retest of $80K–$82K?
#bitcoin #BTC #CryptoPatience #BitcoinHits85K
The $BTC surpassed $85,000 on September 21, reaching the highest level since January. At the same time, more than $648 million in short positions were liquidated within 24 hours, suggesting that part of the move may have been driven by momentum and liquidations.
The standout point is in the miners: reserves reportedly reached around 1.194 million BTC on September 19, the highest level in approximately five months, with an increase of 2,780 BTC over the prior week.
Now, the question isn’t just whether BTC can reach $90K. The focus is on whether the breakout can hold.
The $80K–$82K zone could be important. If BTC returns to that area and finds buyers, the breakout gains a more consistent structure. If it quickly loses that range, the move may have been driven mainly by the closing of short positions.
What do you think: is the real test now the retest of $80K–$82K?
#bitcoin #BTC #CryptoPatience #BitcoinHits85K