Bitcoin is nearing a dense short liquidation cluster between $83,000 and $86,000, according to on-chain analytics firm Glassnode. The zone represents weeks of accumulated short positions that could trigger rapid price movement if reached.
Glassnode noted that the liquidation band has been steadily thickening as traders build bearish exposure. A push into this range would likely force shorts to cover, potentially accelerating upward momentum as leveraged positions unwind.
Bitcoin Approaches $83K–$86K Short Liquidation Zone, Glassnode Says
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