🟢 Bitcoin breached $84,000 to hit an eight-month high, sparking a sudden leverage flush ⚡ that wiped out $262 million in shorts in one hour. The rally follows a key weekly close above the 50-week moving average. With open interest reset across major venues, price action now depends on genuine spot demand to sustain higher levels 📈 or risk a retracement back to support.

Will Bitcoin hold above its 50-week moving average on spot buying, or are shorts getting ready to reload on Binance? 👇

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