EconomyBitcoin’s $80,000 rally shifts from short squeeze to long squeeze
Bitcoin’s dip below $78,000 triggered about 80,000 liquidations worth $324.4 million, with long positions accounting for roughly $270 million. After a rally fueled by Treasury developments, ETF inflows and forced short covering, the market now depends more on whether spot and ETF buyers can absorb profit-taking and sustain demand above $80,000.
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CryptoSlate★★☆☆☆2026-08-26 11:20Original
Bitcoin’s $80,000 rally shifts from short squeeze to long squeeze
Economy