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Bitcoin’s $80K breakout needs spot demand after short squeeze: analysts

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Bitcoin has climbed nearly 24% from below $64,000 toward $80,000 as U.S. spot ETF inflows and forced short covering have fueled its strongest weekly advance since March 2023. Nansen senior research analyst Nicolai Søndergaard told crypto.ne…

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Bitcoin’s $80K breakout needs spot demand after short squeeze: analysts
Crypto.news 4h ago

Bitcoin’s $80K breakout needs spot demand after short squeeze: analysts

Bitcoin has climbed nearly 24% from below $64,000 toward $80,000 as U.S. spot ETF inflows and forced short covering have fueled its strongest weekly advance since March 2023. Nansen senior research analyst Nicolai Søndergaard told crypto.ne…