$BTC SHORTS JUST GOT WIPED OUT ⚡
Entry: 59,400 🔥
Target: 63,800 🚀
Bitcoin ripped about 7.5% off the lows and briefly reclaimed 63,800, forcing a brutal short squeeze. CoinGlass shows $539M in shorts liquidated in one day, with total market liquidations topping $588M in 24 hours.
But this is not clean confirmation yet. Futures open interest dropped hard, ETF outflows remain heavy, and Coinbase premium is still negative. This looks like a forced unwind first, trend reversal second.
Not financial advice. Manage your risk.
#Bitcoin #Crypto #BinanceSquar #MarketUpdat
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BTCUSDT
Trvl
61,748.2
-2.76%