$BTC saw around $78.3K in short liquidations at $78,261.50, adding to the ongoing squeeze as leveraged bearish positions continue getting forced out above $78K.
Key Levels
Current Trigger: $78,261.50
Support: $77,500
Major Support: $77,000
Resistance: $78,500
Next Target: $79,000
⚠️ Holding above $77,500 keeps the rebound structure constructive. A clean break above $78,500 could trigger additional short liquidations toward $79,000, while a move below $77,000 would weaken the setup.
#World Liberty bank ownership #Fed Chair Warsh signals rate hike #Fed reaffirms inflation target #Polygon patches security flaws in hard forks
