Bitcoin hits 8-month high amid millions in short liquidations

Bitcoin’s climb to $85,000 is a total anomaly, fueled by $383 million in forced liquidations rather than genuine demand. It is defying all logic by rallying even as the Federal Reserve raises interest rates for the first time since 2023. While the government pushes for a Strategic Bitcoin Reserve, this "bull run" looks more like a manufactured squeeze than a healthy market. Are we watching a historic breakthrough or just the ultimate "dead cat" bounce? What’s your take?
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