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After Breaking a Key Resistance, Bitcoin (BTC) Price Could Be Entering a Short Squeeze—Can It Rally Above $70,000?

2026-06-15 10:34:00

Story Highlights* Bitcoin surged as improving risk sentiment following the US-Iran peace deal boosted investor confidence and renewed capital flows

A massive concentration of short liquidations above current levels could accelerate BTC's rally toward $71,200 and potentially $83,400

BTC3.89%

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