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Bitcoin Shorts Obliterated as BTC Smashes $116K – A New Era Begins

Bitcoin Shorts Obliterated as BTC Smashes $116K – A New Era Begins

Author:
decryptCO
Published:
2025-07-10 21:30:14
16
3

Bitcoin Shorts Get Rekt as BTC Tops $116K for First Time

Bitcoin just rewrote the rules—again. The king of crypto didn’t just break $116K; it left a trail of liquidated shorts in its wake. Here’s why this isn’t just another pump.

### The Reckoning for Short Sellers

Leveraged bears got steamrolled as BTC’s relentless rally turned their bets into kindling. No sympathy here—this is crypto’s version of natural selection.

### The $116K Threshold: More Than a Number

This isn’t just a psychological barrier. It’s a middle finger to the 'overbought' crowd and a green light for institutional FOMO. Traders scrambling to cover? Cue the violin music.

### What’s Next: Gravity or the Moon?

Technical analysts are split between 'correction overdue' and 'throw your charts out the window.' Meanwhile, Wall Street’s latecomers are still waiting for a 'dip' that never comes. Classic.

Love it or hate it, Bitcoin’s latest surge proves one thing: the market doesn’t care about your feelings. And neither do margin calls.

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