Bitcoin falls back to $76,000 as Iran shuts Hormuz again
Burns Brief
One of the biggest short liquidations 2026 wiped $593 million in bearish bets overnight The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
One of the biggest short liquidations 2026 wiped $593 million in bearish bets overnight. Saturday afternoon as Iran reportedly reversed the Hormuz reopening.
Key Takeaways
- One of the biggest short liquidations 2026 wiped $593 million in bearish bets overnight
- Saturday afternoon as Iran reportedly reversed the Hormuz reopening