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Bitcoin (BTCUSD) Soars as $4B Short Liquidations Loom Above $80K Level

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin shows bullish technical setup with $4B in short liquidations vulnerable above $80,000.
  • Bullish divergence, inverse head-and-shoulders pattern, and defended support at $76,100 suggest upside momentum despite weak spot demand.
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BTCUSD price history

75924.08 +13.33% over the displayed period

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