Update
$BTC Squeeze Setup Near $80,960
Bitcoin ($BTC) is trading near $80,960 with $6.96 billion in short liquidation leverage above spot. The densest clusters are between $81,200 and $83,600. Long liquidations are thinner below these levels, indicating a deeper upside potential. The squeeze setup requires a push into $81,000 to $83,000, forcing shorts to buy back at scale, which will feed the price higher. The key question is how much of the $6.96 billion in short leverage will be wiped out before sellers run out of ammunition, as price follows liquidity.