Trader: Bitcoin needs to reclaim $83,600 or face a short squeeze setup

• —BTC fell from above $87,000 to $80,000 last week and retraced about 50% of the drop
• —Liquidations have hit mostly longs, with a short squeeze possible next week
• —Reclaiming $83,600 is needed to break the range; a retest below $79,800 would offer a long entry
• —Worst case is a slide to $76,000–78,000, though Killa sees $74,000 as unlikely