https://www.live-feeds.com/feed/bitcoin-hits-85-000-as-short-squeeze-forces-out-648-million-of-bearish-betsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bitcoin-hits-85-000-as-short-squeeze-forces-out-648-million-of-bearish-betshttps://www.live-feeds.com/feed/bitcoin-hits-85-000-as-short-squeeze-forces-out-648-million-of-bearish-bets#u81032Wed, 23 Sep 2026 06:36:12 +0000Bitcoin surged past $85,000 to hit an 8-month high, briefly reaching $87,000 on September 21. A massive short squeeze forced out $648 million in bearish bets, accelerating a rebound from $75,000. The rally coincided with returning Bitcoin ETF inflows and a broader cryptocurrency market upturn. Market participants are currently debating if this price action signals the end of the crypto winter or reflects temporary volatility driven by liquidations rather than organic demand.Why it mattersThe price has cleared a historical hurdle that typically precedes major bull runs. This move follows a 45-w