BTC price to attack $80K shorts on Iran peace deal: Five things to know in Bitcoin this week

💡 DMK Insight

So Bitcoin’s short squeeze to $80,000 is looking shaky right now. Traders were banking on a surge, but the reality is that demand just isn’t there. The return of leverage in the market is a red flag, suggesting that more liquidation events could be on the horizon. If we see a spike in liquidations, it could trigger a cascade effect, pushing prices down further. Watch for key support levels; if Bitcoin can’t hold above a certain threshold, we might see panic selling. Here’s the kicker: while many are focused on the potential upside, the lack of buying pressure could mean that any rally is short-lived. If you’re holding long positions, it might be worth setting tighter stop-losses to protect against sudden downturns. Keep an eye on the leverage ratios and overall market sentiment—these will be crucial indicators in the coming days.