Bitcoin just posted its best August since 2017, jumping about 24% on strong ETF inflows and a brutal short squeeze. But with $80,000 still acting like a ceiling, the real test is whether this rally has legs or just too much leverage.
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Bitcoin is back above $77,000 as fresh ETF inflows, a sharp short squeeze, and stronger Ethereum buying power a broad crypto rebound. The move has real support, but traders are still watching whether it can hold once the leverage burns off.
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Bitcoin is holding near $65K as traders eye the Fed, with short liquidations helping the bounce but not proving strong demand. The real test is $67K resistance, while FOMC expectations and broader macro nerves keep BTC’s next move in play.
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Bitcoin bounced back toward $62,000 after a sharp selloff, but the recovery looks fragile as ETF outflows, Mt. Gox supply fears, and weak technical momentum keep bulls on the defensive. A real trend shift still needs stronger spot demand and a clean reclaim of higher resistance.
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Worldcoin is flashing a stronger chart with a near-formed golden cross, rising RSI, and a short squeeze helping push WLD toward $1. But $0.66 is the hurdle, $0.60 must hold, and the token’s messy baggage still hangs over the trade.
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Bitcoin’s Coinbase premium has stayed positive for 14 straight days, and that usually means U.S. buyers are still showing up with real spot demand while BTC keeps grinding higher above $78,000. 14-day positive Coinbase premium U.S. spot demand still leading the charge Short liquidations are fueling the squeeze Geopolitics, regulation, and infrastructure upgrades are all […]
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