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Bitcoin Blasts Past $104K—$400M in Shorts Obliterated as Bulls Charge Toward New Highs
Bitcoin Blasts Past $104K—$400M in Shorts Obliterated as Bulls Charge Toward New Highs
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Bitcoin just napalmed the bears. A violent surge to $104,000 triggered the mother of all short squeezes, vaporizing nearly $400 million in leveraged bets against BTC. The crypto market’s favorite ’hedge’ just became rocket fuel.
With liquidation cascades clearing out weak hands, the path looks open for another leg up. Traders are now eyeing the $110K psychological barrier—though let’s be real, Wall Street ’analysts’ will still call it a bubble right until their FOMO kicks in.
This is what happens when you fight the trend. The market doesn’t care about your spreadsheets.
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