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Bitcoin Faces a Critical Test at $78K: Could a Short Squeeze Trigger a Rally Towards $85K?

Equities desk, Grand Herald (2026-11-02): The post Bitcoin Faces a Critical Test at $78K: Could a Short Squeeze Trigger a Rally Towards $85K? appeared first on Coinpedia Fintech News The crypto market… Primary source: original at Coinpedia (coinpedia.org).

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The post Bitcoin Faces a Critical Test at $78K: Could a Short Squeeze Trigger a Rally Towards $85K? appeared first on Coinpedia Fintech News

The crypto market has been navigating a heightened period of volatility, with the Bitcoin price struggling to maintain its recovery. The situation intensified following the reported $6.3 billion security breach at Binance, which triggered fresh uncertainty across the market. After hitting the lows at $76,460, the BTC price is struggling to rise and sustain above …