Bitcoin short liquidations push BTC to multi-month highs: Is $90K next?

CoinTelegraph5h agoUpdated 3h ago
Bitcoin short liquidations push BTC to multi-month highs: Is $90K next?
Smart Read

Bitcoin's $7.9 billion in short liquidations since February has pushed BTC toward $90,000 as bears repeatedly reload positions above $80,000. Rising open interest at $29 billion and constructive price action above key support levels suggest continued upside potential. Exchange outflows signal sustained accumulation, though liquidation clusters near $82,500 create near-term volatility risks for Indian traders monitoring support levels around $76,000–$78,000.

Coins in this story

Part of narrative
Stablecoins

Explore how Stablecoins is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

CME Gearing Up to Launch Bitcoin Volatility Futures Independent From BTC’s Price
Decrypt4h ago60-word brief

CME Gearing Up to Launch Bitcoin Volatility Futures Independent From BTC’s Price

CME is preparing to launch Bitcoin volatility futures contracts that operate independently of BTC's actual price movements. This derivative product lets traders speculate on Bitcoin's price swings without directional exposure. The move expands crypto derivatives offerings as institutional adoption grows. For Indian investors, it signals deeper market maturity and new hedging tools, though volatility products carry heightened risk.

Strategy Posts $12.5 Billion Q1 Loss as Bitcoin Slump Hammers Massive Holdings
Decrypt5h ago60-word brief

Strategy Posts $12.5 Billion Q1 Loss as Bitcoin Slump Hammers Massive Holdings

Michael Saylor’s Strategy continues to bet big on Bitcoin even as falling prices deliver a punishing quarter for the treasury giant....

Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink
Decrypt3h ago60-word brief

Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink

The protocol shift comes as a $71 million court fight continues to unfold....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.