Bitcoin added $5,000 to its value in 72 hours, reaching its highest level since February. The total market cap rose to $1.58 trillion while the rapid price jump triggered a short squeeze, liquidating $207 million in short bets. Key Takeaways: Bitcoin surged to $79,500 on April 22, hitting a 72-hour high after President Trump extended […]Squeeze Dynamics: Why Analysts Say Bitcoin’s Rise to $79,500 Lacks Conviction
Bitcoin added $5,000 to its value in 72 hours, reaching its highest level since February. The total market cap rose to $1.58 trillion while the rapid price jump triggered a short squeeze, liquidating $207 million in short bets. Key Takeaways: Bitcoin surged to $79,500 on April 22, hitting a 72-hour high after President Trump extended […]