Bitcoin jumped to $78K in a major short squeeze… then pulled back near $76K as Hormuz tensions returned.
Over $593M in short positions got wiped. That’s huge. (coindesk.com)
My takeaway?
Geopolitics is moving markets fast, but Bitcoin is still fighting to hold the $76K zone. 👀
If bulls defend this level, the next move could get interesting.
What do you think comes first:
📈 $80K
or
📉 Back below $76K?