₿ Bitcoin Clears $85K as $648M in Shorts Get Wrecked

Crypto Soothsayer, @cryptosayer

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₿ Bitcoin Clears $85K as $648M in Shorts Get Wrecked A short squeeze lit the fuse, but spot buyers kept the fire going. Bitcoin pushed past $85,000 as $648 million in crypto short positions were liquidated — the kind of cascade that turns a move into a statement. What's keeping it interesting: one measure of selling pressure is reportedly near a record low, suggesting the rally isn't just borrowed time from forced liquidations. When spot demand does the heavy lifting after the shorts are gone, that's a different story than a pure squeeze. Source Trade on Binance

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