💥 ~$449M in BTC shorts liquidated 🔥 ~89% of BTC liquidations were shorts ₿ BTC cleared the $80K–$82K supply zone 🎯 Next major resistance sits near $89K
That tells us something:
SHORT SQUEEZE clearly added fuel to this rally.
So the real question is no longer:
“Can BTC break out?”
It’s:
CAN BTC HOLD THE BREAKOUT?
Because a healthy rally cannot run on short liquidations forever.
If Bitcoin can hold around $85K,
and real spot demand takes over,
then $89K becomes the next major battleground.
But if BTC quickly falls back below $82K,
the market may discover that leverage played a much bigger role in yesterday’s move than expected.
Now I’m watching:
📍 $85K hold 🧱 $80K–$82K core support 🎯 $89K resistance 💰 Spot demand after the short squeeze