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Bitcoin Clears $85,000 as Short Sellers Lose $635 Million in a Single Day

Unchained·September 21, 2026·1 min read
Bitcoin Clears $85,000 as Short Sellers Lose $635 Million in a Single Day

Bitcoin cleared $85,000 for the first time since January, following a weekly close above the 50-week moving average. Short sellers lost $635 million in a single day. Galaxy Digital's Alex Thorn said this level has historically confirmed that bear market lows are in.

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