Bitcoin jumped from $61800 to $64200 in 10 minutes, erasing $300M shorts on weekend liquidity at current $62905 levels with bearish EMA structure intact.

According to Crypto Rover, $2.7 billion worth of Bitcoin shorts are set to be liquidated if Bitcoin reaches the price level of $90,000. This significant liquidation event could potentially lead to a short squeeze, driving the price even higher, which is critical information for traders monitoring Bitcoin's price movements. Such a large-scale short liquidation indicates a possible bullish momentum that traders should consider in their strategies.