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Bitcoin Price Explodes Above $77K as Shorts Get Trapped — Here’s What the Breakout Signals Next

Coinpedia·August 21, 2026·1 min read
Bitcoin Price Explodes Above $77K as Shorts Get Trapped — Here’s What the Breakout Signals Next

Bitcoin price surged 6.2% to $77,393, breaking out of a multi-week consolidation range as bearish leverage was caught offside. BTC climbed from the $65,000–$68,000 area to an intraday high of $79,461, marking a decisive expansion in volatility after weeks of compressed price action.

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