Bitcoin just wiped out $188M in short positions. And this is where things get interesting.
On Oct. 21, crypto liquidations hit $243M, with 77.4% coming from shorts. More than 71,000 traders were liquidated.
But here's the catch: a short squeeze can push prices higher without proving that strong spot buyers are back.
BTC is now testing the $84K–$85K zone, according to the report. The real test is whether buyers can hold the breakout after forced buying slows down.
If sellers step in again, this recovery could look very different.

$BTC #EarningsSeason #ZcashDevelopersConfirmNovemberDateForNU7Upgrade #OCCIssuesFirstFinalRuleUnderGENIUSAct #KoreanRetailLost6.3TrillionWonOnLeveragedETPs