Bitcoin climbs to $80,935 on short liquidations, eyes $83,000
- —Bitcoin rose from $76,400 to $80,935 in a day
- —$183 million in shorts liquidated, $119 million in BTC
- —$192 million liquidated in one hour, $36 million in ETH
- —Spot bitcoin ETFs drew $159 million on Sept 17
Why it matters: The rally was driven by forced short covering rather than fresh demand, so holding $80,000 and clearing $83,000 will decide the next move.
Source: CriptoFácil