Bitcoin breaks $80K as shorts get liquidated

BIG: More than $240 million in short positions were liquidated in the past hour as $BTC broke above $80,000 and pushed toward $81,000.
The move shows how quickly upside momentum can accelerate when leveraged traders are positioned against the rally.
Forced short covering can create additional market buys, pushing price higher and triggering another wave of liquidations.
For $BTC, the breakout above $80K adds another major momentum signal to the current rally.