$BTC Bitcoin Shorts Crushed – $90.2K Liquidated at $81,590.50
Bitcoin has just forced $90.2K worth of short positions to liquidate at $81,590.50, signaling increasing bullish pressure as sellers scramble to cover losses. This short squeeze could indicate a shift in momentum, with BTC reclaiming higher levels.
If $BTC sustains above $81,600, the next key resistance stands at $82,500-$83,200, where buyers will aim for a breakout. However, a failure to hold could lead to a retest of $80,800-$80,200, offering potential re-entry zones for bulls.
With volatility on the rise, traders should remain cautious, track price movements closely, and position accordingly for the next major move.
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