💥 $219 Million Short Squeeze Sends Bitcoin Past $81,000! 📈
Bears just suffered a massive liquidations cascade! Over the last 12 hours, Bitcoin ($BTC ) staged a dramatic rally back above $81,000, triggering over $200 million in short position liquidations. The aggressive upside move was catalyzed by U.S. political tailwinds after a House committee officially advanced a federal Bitcoin strategic reserve bill.
Combined with a sharp reversal to positive spot ETF inflows, leverage positioning flipped heavily bullish, driving open interest back up toward multi-month highs. With key resistance zones cleared, market sentiment is shifting rapidly from fear back into greed. Are we on track to challenge new all-time highs before the month ends? Drop your $BTC targets below! 👇
#Bitcoin #BTC #ShortSqueeze #CryptoNews #BinanceSquare
Bears just suffered a massive liquidations cascade! Over the last 12 hours, Bitcoin ($BTC ) staged a dramatic rally back above $81,000, triggering over $200 million in short position liquidations. The aggressive upside move was catalyzed by U.S. political tailwinds after a House committee officially advanced a federal Bitcoin strategic reserve bill.
Combined with a sharp reversal to positive spot ETF inflows, leverage positioning flipped heavily bullish, driving open interest back up toward multi-month highs. With key resistance zones cleared, market sentiment is shifting rapidly from fear back into greed. Are we on track to challenge new all-time highs before the month ends? Drop your $BTC targets below! 👇
#Bitcoin #BTC #ShortSqueeze #CryptoNews #BinanceSquare