Latest / Bitcoin News Digest Podcast
Deep Dive 9/21/26
Executive Summary
On Monday, September 21, 2026, Bitcoin (BTC) achieved a significant price milestone, surpassing the $85,000 threshold for the first time since January 2026. This surge was primarily driven by a massive short squeeze in derivative markets, resulting in approximately $750 million in total liquidations over a 24-hour cycle.
Beyond immediate price action, the market reached a critical technical turning point: the first weekly candle close above the 50-week simple moving average (SMA) in 45 weeks. This shift is historically viewed by institutional desks as the demarcation between…
The skinny
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