$BTC reached $80,000 in a massive short liquidation event.



Billions of reasons why price could retrace to $69,000.

Daily chart currently remains ultra bullish, weekly is bullish, but pullbacks are healthy.
BTC1.32%
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RiskParity
· 1h ago
Shorts are dead, longs shall rise? First, watch $69,000.
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AxelarBridgeBuilder
· 2h ago
To those saying it will pull back to 69K, I believe it halfway—after all, bull markets often see sharp drops. But below 69K is my buy-the-dip zone.
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MemeTranslator
· 2h ago
The price surge driven by short liquidations is very fragile. Let’s wait for a pullback to 69k.
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AShareRonin
· 2h ago
This move above $80k is entirely a chain reaction from short liquidations. If volume fails to keep up, a pullback to $69,000 or even $67,000 would be normal. However, the daily and weekly structures are indeed bullish, so every decent pullback is a good opportunity to rebalance positions. Don’t watch the charts every day—just make a plan.
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MarketCapEstimator
· 2h ago
80k would wipe out the shorts; a pullback to 69k would be free money.
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