Bitcoin nears breakout above $75,000 with short squeeze risk building
Bitcoin BTC$74,614.23 is pressing up against $75,000, a price it has repeatedly failed to surpass since early February, putting the broader crypto market on breakout watch after more than two months of range-bound trading. Traders have been building short positions around that level, betting on another rejection. Data from CoinGlass shows roughly $200 million in…