Daan Crypto Trades|Jul 05, 2026 08:39
BTC Shorts taken out twice as price moved towards $63K+ on July 4th.
Classic short squeeze, price grinds higher into a level everyone's shorting until forced covering does the rest.
Now the question is whether $62.6K (Weekly 200MA) holds as support or if this was just liquidity getting cleared before rolling over again.(Daan Crypto Trades)
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