
Bitcoin enters its best season after a 43% surge, with $147,000 suddenly on the math
BTC surged 43% as ETF demand returned, but 1.39 million coins now sit between the rally and a clean break above $90,000.
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The Asia-session quote crossed the lower edge of Friday's range while oil and Treasury yields rose in the wider market.

A stronger-than-expected PMI print triggered a rapid long squeeze and challenged Bitcoin’s rebound toward $87,000.

BTC is trading more than $15,000 above the company’s disclosed $70,000 call strike, potentially capping gains on 2,000 coins.

More than $1 billion in bearish positions were wiped out, but the next leg now depends on fresh buying as leverage rebuilds above the market.

More than $648 million in short positions were liquidated as BTC cleared long-term technical levels watched for signs of a market bottom.

US tax payments pulled cash toward the Treasury, but repo markets stayed orderly and removed one feared obstacle to Bitcoin’s rebound.



