Thao Decena j4ij

zone

h

Bitcoin has successfully closed a weekly candle above its 50-week Moving Average for the first time in 45 weeks. Historically, per Galaxy Research, this exact macro shift has successfully signaled a definitive medium-term bottom in 11 out of 13 past cases. The structural trend has officially flipped from bearish to heavily bullish.🤔

While the average retail trader is celebrating Bitcoin breaking above $86,000, professional market participants are looking at the underlying liquidations data. This massive move wasn't just driven by regular spot buyers—it was accelerated by a massive Short Squeeze.

Data from CoinGlass reveals that over $648 million in short positions were completely wiped out within a 24-hour window as BTC aggressively pushed from $82K to past $86K.

muzamil best bro