$BTC ripping past $85K and the setup is actually clean this time.
Macro's flipping in our favor—US inflation came in soft, Fed rate hike odds for October tanked, and Treasury yields pulled back from the highs. Risk-on is back.
But here's the real fuel: $102M in shorts got liquidated in 24 hours. Forced covering is pumping this move harder than most realize.
Key level now is holding $85K. If we reclaim and hold, this could be the start of a real leg up—not just another fake-out squeeze.
Watch close. This could run.
Macro's flipping in our favor—US inflation came in soft, Fed rate hike odds for October tanked, and Treasury yields pulled back from the highs. Risk-on is back.
But here's the real fuel: $102M in shorts got liquidated in 24 hours. Forced covering is pumping this move harder than most realize.
Key level now is holding $85K. If we reclaim and hold, this could be the start of a real leg up—not just another fake-out squeeze.
Watch close. This could run.