$BTC / USDT – Short Squeeze in Play

Bitcoin has broken above $68,000, triggering a massive short squeeze. Over $73M in shorts were liquidated in the past hour.

Key levels to watch:

• Support: 68,000 – critical for holding the breakout

• Next resistance: 70,000 – could see further short-covering momentum

Price action shows strong bullish impulse, but extreme volatility means careful risk management is essential.

BTCUSDT

Perp

69,019

-0.37%