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Bitcoin Set For $80K Retest, Options Flash Potential Short Squeeze – Details

The Bitcoin market registered a significant rally in April with prices rising over 14%. In this first month of Q2 2026, the leading cryptocurrency reached a local peak of $79,000 before slipping into its current mini-consolidation. As prices remain range-bound, data from the Bitcoin Options market has highlighted traders’ expectations, which include a potential short squeeze ahead. Related Reading: Bitcoin Renko Mari-Ashi Reveals Where The Bottom Lies And When The Rise Will Begin Again Call Posi

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