Bitcoin: $790M Shorts Liquidated in 24 Hours

Bitcoin accounted for nearly $790M of the $1.24B total liquidations after another $1.06B in shorts got wiped out in the last 24 hours, extending one of the largest short squeezes seen in years according to @CryptoKing4Ever.

Price sits at $76854.27 inside the Bollinger band with upper resistance at $77659.02 while the 50-EMA at $67098.55 and 200-EMA at $64874.22 act as layered support beneath a MACD golden cross of 3010.84; the RSI at 94.07 signals exhaustion so a measured pullback toward the 50-EMA remains the highest-probability path before any continuation higher in this BTC price action setup.