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btcperpetual

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DESLANDTRY
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๐Ÿšจ $BTC is back at a level that could define its next move Bitcoin has reclaimed $85,000 and briefly pushed above $87,000 today, reaching one of its highest levels since January. (theblock.co) But thereโ€™s another number that stands out ๐Ÿ‘‡ ๐Ÿ’ฅ More than $746M in leveraged positions were liquidated over the past 24 hours, including roughly $648M in short positions. (coindesk.com) That means a significant part of the move was fueled by short sellers being forced to close their positions. Now comes the interesting part: Can $BTC hold above this breakout zone, or will we see a pullback after the short squeeze? ๐Ÿ“Š Iโ€™m watching how price reacts after this move rather than chasing the rally. Are you watching $BTC for Spot or Futures?$ #Bitcoin #BTCPerpetual #ETHPerpetual
๐Ÿšจ $BTC is back at a level that could define its next move

Bitcoin has reclaimed $85,000 and briefly pushed above $87,000 today, reaching one of its highest levels since January. (theblock.co)

But thereโ€™s another number that stands out ๐Ÿ‘‡

๐Ÿ’ฅ More than $746M in leveraged positions were liquidated over the past 24 hours, including roughly $648M in short positions. (coindesk.com)

That means a significant part of the move was fueled by short sellers being forced to close their positions.

Now comes the interesting part:

Can $BTC hold above this breakout zone, or will we see a pullback after the short squeeze?

๐Ÿ“Š Iโ€™m watching how price reacts after this move rather than chasing the rally.

Are you watching $BTC for Spot or Futures?$

#Bitcoin #BTCPerpetual #ETHPerpetual
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