Glassnode: Bitcoin Breaks Through Short Squeeze Barrier
2026-09-21 20:12:10
According to CoinMeta, Glassnode indicates that Bitcoin is accelerating its breakthrough above the short-selling clearance barrier. Previously, shorts had accumulated positions between $82,000 and $86,000 for several months, but there was a weak resistance from this level. Now, these shorts have become a driving force as these traders need to repurchase Bitcoin.
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