Bitcoin’s Break Above $82.8K Was Accelerated by a Short Squeeze $BTC pushed through its May swing high near $82,800 and reached $84,257, but the speed of the move is almost as important as the breakout itself. In a single hour, Bitcoin recorded $218.58M in liquidations and $212.78M, or 97.3%, were shorts. That one hour accounted for roughly 79% of all BTC liquidations over the previous 24 hours. The sequence was straightforward: buying pushed Bitcoin into resistance, leveraged shorts became vulnerable, forced closures required additional buying, and that added fuel as price moved above $82.8K. The liquidation data explains the acceleration, not the original demand. Once those forced buyers disappear, Bitcoin has to prove the higher range can hold on ordinary market demand. $84,257 — breakout high $82,800 — former May resistance, now the key retest $80,000 — first major level back in focus if the breakout fails $77.9K–$78.5K — moving-average support cluster below With four-hour RSI near 80, momentum is already stretched. A hold above $82.8K would turn the breakout into a stronger structural move; a quick loss of that level would show how much of the surge depended on the squeeze itself. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Bitcoin