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BTC rises 0.52% in 15 min: Break above the 50-week moving average triggers a $648 million short squeeze

On September 21, 2026, from 15:00 to 15:15 (UTC), BTC’s 15-minute candlestick closed up 0.52%, with a price range of 85,810–86,350 USDT and an amplitude of 0.63%. In the preceding 24 hours, BTC surged from a low of $80,591 to around $86,000, gaining 6.32%, while market volatility increased significantly. The main driver of this move was a large-scale short squeeze triggered after Bitcoin broke through the key technical level of its 50-week moving average. Reports showed that more than $648 milli
BTC6.39%
GLDX-0.59%
PAXG-0.52%
GateNews·4h ago
BTC rises 0.52% in 15 min: Break above the 50-week moving average triggers a $648 million short squeeze