Bitcoin near $86K as analysts eye $90K breakout above $87,722
- —BTC trades near $85,969 after an intraday high of $86,794
- —More than $200 million in shorts liquidated in 24 hours
- —Key resistance sits at $87,722, the yearly open cited by Bitfinex
- —US spot Bitcoin ETFs drew $3.1 billion over nine sessions before a $148.7 million outflow
Why it matters: A clean break above $87,722 with renewed ETF inflows could accelerate gains toward $90,000 as shorts are forced to cover.
Source: Invezz