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Felix.Crypto
$BTC $72K: Fresh Money or Short Squeeze?
Last night’s move above $72K was not random. Falling U.S. 30-year Treasury yields after expanded long-term buybacks eased pressure on risk assets. Then, as $BTC broke out of its range, stop-losses and forced liquidations accelerated the move wiping out nearly $3B in short positions. Now the key question is whether spot demand, ETFs, and stablecoin liquidity can keep $BTC above $72K—or whether this rally was mainly the aftershock of a massive short squeeze
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