🔥 Yesterday, Bitcoin moved back above $80,000
The move triggered a major wave of liquidations: around $230 million in BTC short positions were reportedly forced to close, while total crypto liquidations exceeded $445 million
When short sellers are liquidated, their positions are automatically closed, creating forced buying that can accelerate the upside
However, a short squeeze does not automatically mean that a new bullish trend has started. The next step is to see whether BTC can hold above $80,000 with real spot demand and sustained volume
Are we so back?
Maybe. But the real confirmation is above $80,000
The move triggered a major wave of liquidations: around $230 million in BTC short positions were reportedly forced to close, while total crypto liquidations exceeded $445 million
When short sellers are liquidated, their positions are automatically closed, creating forced buying that can accelerate the upside
However, a short squeeze does not automatically mean that a new bullish trend has started. The next step is to see whether BTC can hold above $80,000 with real spot demand and sustained volume
Are we so back?
Maybe. But the real confirmation is above $80,000
