Bitcoin faces a major $81,000 to $86,000 supply wall after a record short squeeze drove a 26% rally from mid-August lows.

Bitcoin surged past $79,000 as a massive $2.7B short squeeze, US Treasury bond buybacks, and strong ETF inflows fueled a rapid recovery from the

On Monday, bitcoin's price rose to an intraday high of $79,989 per unit, the highest price range of August so far.