---
title: "Bitcoin liquidates $85M shorts as bull flag sparks $100K BTC price target"
url: https://diffcoin.com/bitcoin-liquidates-85m-shorts-as-bull-flag-sparks-100k-btc-price-target/
description: "Bitcoin upside strength causes pain for shorters, but doubts remain over whether the BTC price rally can last much longer. Source link"
published: 2024-05-21
updated: 2024-05-21
author: "Mila"
site: "Diffcoin"
---

# Bitcoin liquidates $85M shorts as bull flag sparks $100K BTC price target

Bitcoin upside strength causes pain for shorters, but doubts remain over whether the BTC price rally can last much longer.

[Source link](https://cointelegraph.com/news/bitcoin-liquidates-85m-shorts-bull-flag-100k-btc-price-target)