Bitcoin: Reclaims $80,000 With $170M Shorts Liquidated
Bitcoin reclaims $80,000 as Ethereum tops $2,550, $170 million shorts liquidated in 60 minutes and $130 billion added to crypto marketcap in 24 hours.
SourceAnalysis
Bitcoin reclaims $80,000 while Ethereum surges above $2,550, triggering $170 million in short liquidations within 60 minutes and lifting total crypto marketcap by $130 billion over the past 24 hours.
Price action on the 4h chart shows BTC testing upper Bollinger resistance at $78,874 with RSI(14) at 76.95 already in overbought territory and MACD confirming a bullish golden cross at 329.54; a healthy retracement toward the EMA50 support at $77,332 appears probable before continuation higher.
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