Bitcoin Breaks Above $84,000 on ETF Inflows and $445M Short Squeeze
- —BTC rose about 4% to $84,374, clearing a ceiling that had capped buyers since spring
- —US spot Bitcoin ETFs pulled in $593 million across Thursday and Friday
- —More than $445 million in shorts were liquidated, over $230 million of it in Bitcoin
- —The 50-day moving average crossed above the 200-day for the first time in 2026
Why it matters: Holding above $85,000, the ETF cost basis, opens the door to $88,000–90,000; losing $77,500 would invalidate the breakout.
Source: CryptoTicker