Bitcoin tags $90K as short squeeze wipes out $120M

Bitcoin took out liquidity at the Wall Street open as a move above $90,000 was followed by a snap retracement, liquidating late long and short entries.

Bitcoin (BTC) returned to $90,000 after Wednesday’s Wall Street open as traders eyed vulnerable short positions.

Key points:

Bitcoin erases recent losses with a fresh trip to the $90,000 mark.

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