🚨 Bitcoin Reclaims Ground as Short Liquidations Start to Lead
$BTC bounced off $84K and drifted back toward $90K. That’s the fact. The drop didn’t cascade, didn’t accelerate. It just stopped. Price held, and that matters more than the size of the bounce itself.
The move up wasn’t spot-led. It came from the derivatives side. Shorts got pressed. You can see it in the liquidation data. That kind of upside behaves differently. It doesn’t rip and stall. It leans. Keeps going as long as pressure stays on, even if buyers aren’t aggressive.
And if we look back further, Bitcoin is still stuck inside the same wide box it’s been in for weeks. Roughly $82K on the low end, mid-$90Ks on the top. No escape yet. Just compression. That usually ends one way or another.
The upside references haven’t moved. Yearly open. Then the $98K–$100K area. But none of that matters if the floor gives way.
And the floor is still $84K–$85K. Price has been accepted there multiple times. Heavy cost basis. Lose that zone and the structure tilts back toward distribution fast.
That’s it for $BTC . Above $84K, upside stays alive. Below it, the chart changes character.
