Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sharp $80,000 rally driven by Treasury developments, ETF inflows, and a squeeze on bearish positions. Data from CryptoSlate shows that the largest cryptocurrency fell as low as $77,870 during the last 24 hours before recovering above $79,000 […] The post Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze appeared first on CryptoSlate.
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