3. $BTC Short squeeze or structural move?
$BTC is back above $86K.
Part of the move was fueled by short liquidations, but spot ETF inflows also returned strongly.
That creates an important distinction:
A short squeeze can accelerate a move.
Spot demand can help sustain it.
The next test is whether demand remains after the forced buying disappears.
Bitcoin moved above $86K, with short covering contributing to the rally, while U.S. spot Bitcoin ETFs recorded $617.6M of net inflows on September 21.
Your view?
#BTC #bitcoin #crypto
$BTC is back above $86K.
Part of the move was fueled by short liquidations, but spot ETF inflows also returned strongly.
That creates an important distinction:
A short squeeze can accelerate a move.
Spot demand can help sustain it.
The next test is whether demand remains after the forced buying disappears.
Bitcoin moved above $86K, with short covering contributing to the rally, while U.S. spot Bitcoin ETFs recorded $617.6M of net inflows on September 21.
Your view?
#BTC #bitcoin #crypto
🟢 Structural recovery
🟡 Short-term squeeze
🔴 Too early to tell
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