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CoinsAQ summary · neutral

Bitcoin clears $86,000 as $1B in shorts liquidated again - battle now shifts to $90k

What happened

More than $1 billion in bearish positions were wiped out, but the next leg now depends on fresh buying as leverage rebuilds above the market. Bitcoin’s break above $86,000 has cleared a major pocket of bearish leverage and put $90,000 back in traders’ sights. The largest.

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