Bitcoin: $1.13B Shorts Liquidated in Hour

Bitcoin shorts faced brutal liquidation as $1.13B vanished in a single hour, erasing the entire 1,800 BTC ($117M) position of 0x8c96 along with the full 677 BTC ($44M) of 0x431f and 500 BTC ($33M) of 0x004e.

Price action shows Bitcoin testing upper Bollinger resistance at $67573.65 while RSI(14) sits at 85.71 overbought and MACD remains bullish at 878.04, pointing to probable retracement toward EMA50 support at $64257.54 before any extension higher. Traders tracking BTC price prediction models now weigh whether this flush prevents a crypto market crash or simply resets leverage ahead of the next leg, with AI industry impact on trading algorithms adding another layer to order-flow dynamics.