Iran declared the Strait of Hormuz fully open. The market reacted in hours: $BTC rose to $78,000 — the highest level since February — triggering $762 million in liquidations, of which $593 million were short positions. The largest short squeeze of 2026. The price is now consolidating at $76,000 with the ceasefire expiring on April 22 and the CLARITY Act markup this week.
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💣 BOMB DATA:
$BTC has negative funding rates for 46 consecutive days — the most sustained short position of the cycle. When funding has been negative for so long and the price rises sharply, the resulting short squeeze is historically explosive. Yesterday was exactly that: $593 million in shorts liquidated in hours. The next real obstacle is at $83,218 — the 200-day moving average. Between $76,000 and $83,000 only 1% of the circulating supply. The opening of Ormuz eliminated the year's biggest macro risk.
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🌡️ THERMOMETER TODAY:
Sentiment: 📈 Bullish — historic short squeeze
24h Trend: 📈 Touched $78,000 — consolidates $76,000
Short squeeze: ✅ $593M shorts liquidated
Conviction: 🎯 9/10
🔍 TODAY:
📊 Price: $76,000 — CoinDesk confirmed
💥 Short squeeze: $762M liquidated — $593M shorts
🕊️ Ormuz: fully open by Iran
📜 CLARITY Act markup: this week in the Senate
📊 VS LAST WEEK:
Price: $67,097 → $76,000 (+13.3%) 📈
Weekly high: $78,000 — record since February ✅
Shorts liquidated: largest squeeze of 2026 ✅
🎯 KEY Levels:
🔴 Support: $74,000 — $72,000
🟡 Resistance: $78,000 — $80,000
🟢 If it breaks $80,000: $83,218 (MA 200d) → $88,000
⚠️ If it loses $74,000: $72,000 → $70,000
🎯 SETUP: Closing the week above $76,000 confirms the breakout. The ceasefire ends on the 22nd — if renewed, $80,000 is within reach. If it collapses, the market returns to the range. That's the bet of the week.
📌 IN SUMMARY:
1️⃣ $762M liquidated — largest short squeeze of all 2026
2️⃣ Ormuz fully open — the biggest macro risk of the year eliminated
3️⃣ CLARITY Act markup this week — regulatory catalyst with days counted
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¿$BTC exceeds $80,000 this week — YES or NO? 👇
⚠️ Not financial advice. DYOR.
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