Massive Short Squeeze and Institutional Buying Drive $96K Target
Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined BTC, pointing to a $96K target. With 62.8% of Binance BTC futures still short, a sustained hold could squeeze prices toward $85K. A Heavily Shorted Market Finally Breaks The breakout ended…
