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Bitcoin Targets $82,700 as Short Liquidations Fuel Upside Push

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The Story

News Summary

  • Bitcoin eyes upside targets near $81,000 to $82,700 amid heavy short liquidations and hedge fund unrealized losses.
  • Institutional reallocation from AI into Bitcoin continues to provide buying support despite mixed on-chain network activity.
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BTCUSD price history

76793.08 +13.85% over the displayed period

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