Bitcoin surges past $60256 as $100M shorts liquidate in four hours; 4h chart shows EMA50 resistance at $60436.54 with neutral RSI 54.48.

Bitcoin shorts liquidated above $74K as $73993 price tests resistance with MACD golden cross forming on 4h chart.

According to @KobeissiLetter, Bitcoin surged toward $93,000 as roughly $75 million in leveraged short positions were liquidated within 60 minutes, highlighting a rapid intraday move that traders are monitoring for liquidity-driven price action; source: @KobeissiLetter, Twitter, Jan 5, 2026. According to @KobeissiLetter, BTC is now up nearly $5,000 from its Friday night low after the US began strikes on Venezuela, indicating a sharp rebound from the recent trough; source: @KobeissiLetter, Twitter, Jan 5, 2026. According to @KobeissiLetter, no additional exchange-level details, funding rate data, or open interest figures were provided with the update, limiting granularity on venue-specific flows; source: @KobeissiLetter, Twitter, Jan 5, 2026.