{"id":78468,"date":"2026-09-21T17:37:06","date_gmt":"2026-09-21T17:37:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/massive-short-squeeze-sends-bitcoin-price-above-86000\/"},"modified":"2026-09-21T17:37:06","modified_gmt":"2026-09-21T17:37:06","slug":"massive-short-squeeze-sends-bitcoin-price-above-86000","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/massive-short-squeeze-sends-bitcoin-price-above-86000\/","title":{"rendered":"Massive Short Squeeze Sends Bitcoin Price Above $86,000"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin\u2019s price rallied past $86,000, lifting its market cap to $1.72 trillion and trimming YTD losses below 2%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The rapid surge triggered over $454 million in bitcoin short liquidations within a 24-hour window.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Glassnode anticipates ongoing momentum, though $300 million in weekly ETF outflows remains a drag.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Two Waves of Price Action Lead to $1.72T Market Cap<\/h2>\n<p><a href=\"https:\/\/www.bitcoin.com\/price\/bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin\u2019s price tapped $86,000<\/a> shortly after midmorning as the cryptocurrency built on Friday\u2019s momentum, when it reclaimed the <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoins-price-rips-past-80k-as-short-sellers-get-steamrolled\/\">$80,000 threshold<\/a>. The latest climb also brought the asset within striking distance of its 2026 opening price, narrowing its year-to-date losses to less than 2%. Market data show bitcoin experienced two rallying waves, with each pushing the price to a new multi-month high.<\/p>\n<p>As reported by Bitcoin.com News, the <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-84k-coinbase-premium-negative\/\">first and most significant<\/a> wave saw bitcoin\u2019s price rally from $81,525 to just over $85,250 within two hours. While an ensuing sell-off dragged the price down to $81,150 around 6:40 a.m. EST, the dip was short-lived, and the price climbed back above $85,000 less than two hours later.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>The second surge pushed the price to a session high of $86,332 before retreating to strong support above $85,700. This represented a daily gain of approximately 6% and lifted bitcoin\u2019s market capitalization to $1.72 trillion, its highest level in months. As of 12:23 p.m. EST, bitcoin hovered above $85,800, less than $1,300 shy of its Jan. 1 price of $87,575.<\/p>\n<p>According to Coinglass data, more than $454 million in bitcoin short positions were liquidated within 24 hours, compared to nearly $53 million in long positions. Across the broader cryptocurrency market, nearly $782 million in short bets were liquidated, compared to $144 million in longs. This aligns with <a href=\"https:\/\/x.com\/glassnode\/status\/2102053609278263508\" target=\"_blank\" rel=\"noopener noreferrer\">Glassnode\u2019s observation <\/a>that Monday\u2019s leg higher was fueled heavily by a wave of short liquidations rather than fresh selling pressure.<\/p>\n<h2>Buyers Spearhead Rally<\/h2>\n<p>Prior to today\u2019s rally, price increases had consistently faded as bitcoin approached or breached the $82,000 mark. Analysts warned that unless bitcoin broke through this resistance level, it would remain trapped in a trading range between $77,000 and $82,000 for the foreseeable future. However, once <a href=\"https:\/\/www.bitcoin.com\/price\/bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin\u2019s price<\/a> finally breached $82,000, however, it took less than five minutes to reach $84,000.<\/p>\n<p>According to Glassnode, spot and perpetual buyers <a href=\"https:\/\/www.papermark.com\/view\/cmub7845g0005l704t7yjlqkb\" target=\"_blank\" rel=\"noopener noreferrer\">spearheaded the rally<\/a>, with taker flow on exchanges flipping from net selling to net buying while volume and momentum turned positive. Additionally, futures open interest and funding rates both sit above their high bands, indicating leverage is building alongside elevated options open interest near $41 billion.<\/p>\n<p>On-chain profitability has also surged, with approximately two-thirds of the supply now in profit and capital flows remaining constructive as monthly changes in realized cap indicate new capital entering at higher prices. Notably, Glassnode highlighted ETF demand as the primary outlier trailing the spot market, with weekly net flows remaining negative at roughly $300 million despite increased ETF trading volume.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/massive-short-squeeze-sends-bitcoin-price-above-86000\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin\u2019s price rallied past $86,000, lifting its market cap to $1.72 trillion and trimming YTD losses below 2%. The rapid surge triggered over $454 million in bitcoin short liquidations within a 24-hour window. Glassnode anticipates ongoing momentum, though $300 million in weekly ETF outflows remains a [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":78469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78468"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=78468"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/78468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/78469"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=78468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=78468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=78468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}