📉 Bitcoin rips back to $80K
Bitcoin reclaimed $80,000 for the first time since May, shredding over $220M in short positions in a single day.
The bounce comes right as bears were calling for a deeper bear-market leg.
Liquidation cascades like this are how squeezes get born, not proof the bottom is in.
Watch if BTC holds above $80K on volume, or this was just shorts getting rinsed before the next leg down.
August 24, 2026 152
