Bitcoin Faces $3.6B Short Liquidation Risk Above $80K

Bitcoin traders could be facing another major wave of short liquidations if BTC pushes above the $80,000 level, with an estimated $3.6 billion in bearish positions potentially exposed to a sharp market squeeze. The warning comes after more than $2.4 billion worth of Bitcoin short positions were reportedly wiped out over the past three days as BTC staged a strong recovery. The latest development…