Bitcoin Price Cracks $84K as $188 Million in Crypto Shorts Get Wiped Out

Crypto Insight Summary: Bitcoin’s price punched through $84,000 on Wednesday, catching bearish traders off guard and helping wipe out $188 million in short positions across crypto markets. More than 71,000 traders faced liquidations as the leading crypto asset climbed toward $84,700, squeezing leveraged bets against it. Bitcoin’s Rally Leaves Short Sellers Scrambling Bitcoin’s price traded near $84,376 on […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Massive short squeeze and price surge creates bullish momentum for Bitcoin.