BTC Hits $65,000 as $56M Short Squeeze Punishes Bearish Traders
Key Takeaways Bitcoin reached $65,000 on Tuesday, delivering a 2% weekly gain despite geopolitical risks in the Middle East. Coinglass recorded $56 million in short liquidations, yet analyst data shows strong sell-side resistance at $65,000. Anthony Scaramucci and Glassnode expect a recovery, citing conviction buying around $60,000 since January. Bitcoin Rebounds Bitcoin briefly tapped $65,000…
