Bitcoin Short Squeeze Wipes Out $43M as BTC Reclaims 90K

The crypto market recorded a broad rebound over the last 24 hours, rising around 4% after several days of volatility and mixed sentiment. Bitcoin led the recovery, climbing back above $90,000 and triggering a sharp wave of liquidations that removed more than $43 million in leveraged short positions in a single day.

Short Squeeze Accelerates Bitcoin’s Rebound

The surge in Bitcoin's price above $90,000 was driven by a short squeeze, as evidenced by a substantial spike in short liquidations. According to CryptoQuant data analyzed by Outset PR, a data-driven crypto PR agency, BTC short liquidations escalated from 185 BTC on November 25th to 658 BTC on November 26th. This increase of 473 BTC, equivalent to approximately $43 million, confirms that traders with bearish positions were forced to close their shorts, fueling the price rise.

 

Outset PR is watching the markets, are you?A major short squeeze pushed #Bitcoin back above $90K, with $43M in shorts liquidated in one day.Liquidations spiked from 185 $BTC to 658 $BTC, showing how crowded the downside trade became.Key levels ahead: $92.5K, $98.8K, $102.5K. pic.twitter.com/Be0GUdVNM7

— Outset PR (@OutsetPR) November 27, 2025

 

 

The liquidation spike reflects how aggressively some market participants were positioned for further downside following last week’s decline toward the $80,000 level. As Bitcoin moved higher, those short positions became unsustainable, accelerating the rebound through forced buying — a characteristic of a short squeeze.

Technical Indicators Point to Short-Term Relief, Not Full Recovery

Bitcoin’s rebound coincides with price action reclaiming two near-term technical levels:

• the 23.6% Fibonacci retracement at $107,720, and

• the 7-day simple moving average at $87,043.

Both levels had acted as resistance during the selloff and now provide context for the correction-driven bounce.

The RSI (14) currently stands at 39.37, indicating the market is stabilizing after reaching oversold territory but is still far from overheated. Meanwhile, the MACD remains negative, showing that momentum has yet to shift decisively in favor of the bulls.

One of the strongest signals comes from the bounce off the $80.6K low on Nov. 22, where buyers stepped in aggressively. Still, the broader trend remains fragile.

How Outset PR Interprets Market Signals

Outset PR is built around a simple idea: stories land best when they reflect what the market is actually paying attention to. Instead of treating PR as a distribution exercise, the team follows real-time data — from on-chain flows to sentiment shifts — to understand how narratives move.

Founded by crypto PR veteran Mike Ermolaev, the agency blends analytical depth with a personable, boutique-style workflow. Outset PR keeps a close eye on the same indicators traders watch: liquidation spikes, volatility clusters, funding trends, and momentum signals. This lets the team place each story within the market’s natural rhythm, so articles resonate rather than getting lost in the noise.

The approach is hands-on and very human. Outset PR monitors:

• daily sentiment changes across media and social channels

• on-chain and derivatives patterns that hint at upcoming market narratives

• how macro events influence the timing and tone of coverage

• which stories gain traction organically — and why

By weaving data with editorial instinct, the agency helps founders communicate in a way that feels timely, credible, and grounded in real market behavior. The goal isn’t just exposure — it’s impact. Outset PR uses its proprietary Syndication Map and traffic analytics to ensure that each placement has a strong chance of being discovered, shared, and picked up by aggregators like CoinMarketCap and Binance Square.

Because the team tracks market momentum daily, they can provide context like today’s short squeeze — explaining not only what happened, but why it matters and how it fits into the broader narrative cycle.

Key Levels to Watch: BTC Faces Resistance at $102.5K

 

The next test for Bitcoin is a close above $92,500, the high reached on Nov. 25. Clearing this level would confirm that the rebound is being sustained by genuine demand rather than short liquidations alone.

Above that, Bitcoin faces two notable resistance zones:

• 30-day SMA at $98,852 — the threshold separating short-term weakness from renewed bullish structure.

• 38.2% Fibonacci retracement at $102,500 — a level that typically attracts increased selling interest.

A move toward $102,500 would mark a deeper retracement of the recent downtrend and suggest that buyers have regained control of the near-term outlook.

Market Outlook

The latest price action shows that the crypto market is finding relief after a steep correction, but the recovery is still dependent on follow-through buying. The liquidation-driven jump over $90,000 highlights how crowded the short side had become, yet the negative MACD and the looming resistance around $98,800 and $102,500 point to a market not fully out of danger.

For now, the data suggests this is a corrective upswing with improving sentiment — not yet a confirmed return to the broader bullish trend.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.