Bitcoin Price Today Hit $72K

Published by

Qadir AK

August 20, 2026

bitcoin sv price prediction is bsv ready to end its months long downtrend

Bitcoin gained about 7.1% in its strongest daily performance since February 2026, as more than $1.4 billion in short positions were liquidated across the crypto market. Short sellers betting on lower prices were forced to buy Bitcoin back as the price rose, adding more buying pressure and pushing the rally higher. Binance accounted for more than $311 million in Bitcoin short liquidations within hours. The sharp move highlights how quickly leveraged positions can amplify Bitcoin’s price swings and create sudden market-wide rallies.

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