Bitcoin shorts face $2.5B liquidation if BTC reaches $72,000, data shows

Bitcoin could trigger a large short squeeze if price climbs 7.5% from about $67,100 to $72,000, a move that would liquidate an estimated $2.5 billion in BTC futures shorts. Bears have added positions since March 25 amid war-driven oil strength and other macro pressures, while a ceasefire or renewed US-listed Bitcoin ETF inflows could help push BTC back toward $72,000.