Bitcoin just had its best day since February 2026, fueled by roughly $1.4B in short liquidations. The move created a classic short-squeeze feedback loop, as BTC pushed higher, leveraged short positions were forced to close. Those liquidations required traders to buy BTC back, adding even more upward pressure and forcing additional shorts out. What makes the move interesting is that the squeeze came alongside broader bullish catalysts, including improving regulatory sentiment and easier liquidity expectations. So this wasn’t simply “Bitcoin went up because shorts got liquidated.” The short squeeze amplified an existing rally The important question now is whether real spot demand takes over after the forced buying fades. If BTC can hold the reclaimed levels, this could develop into more than just a leverage-driven bounce. #BTC Price Analysis# #BTC $BTC $ETH