Bitcoin cycle discussion on Hash Ribbons recorded before July institutional buying turned positive, setting up the BTC pump at $77581.5 with 4h chart confluence.

According to @milesdeutscher (X, Jan 14, 2026), Bitcoin (BTC) saw a big short squeeze with approximately USD 600 million in short liquidations over the last 12 hours, indicating a liquidation-driven pump and squeeze-led momentum per the source.