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Bitcoin rally triggers short squeeze as top analysts debate if the bottom is in
Federal reserve shifts and a doubling of bond buybacks helped boost risk assets, though experts urge caution as prices approach key resistance points.
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fortune.com
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June | Fortune
The U.S. Treasury’s bond-buyback announcement helped send Bitcoin up nearly 6% with one analyst saying a broader recovery may be afoot.
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coindesk.com
BTC price breaks out of six-week range to top $71,000. $3 billion in shorts wiped out: Crypto Markets Today
Six weeks of compression ended in the largest short liquidation event since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.
