Crypto Soothsayer: post #4680 — TG.ME

₿ Bitcoin Clears $80K as Short Sellers Get Squeezed

Bitcoin hit an intraday high of $80,808 on Thursday, up 3.5% in 24 hours, pushing its market cap back to roughly $1.60 trillion. The move came with leveraged shorts getting crushed — a classic squeeze dynamic that tends to accelerate upside momentum fast and reverse just as quickly. Green across the board for now, but the market has a long memory for $80K breakouts that didn't stick.

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August 27, 2026 509