Bitcoin
Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms
Bitcoin.com News·September 2, 2026·1 min read
A massive short squeeze on Aug. 19, the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. The wave of short liquidations served as the primary catalyst for the rapid price rebound.
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