Bitcoin Surges Past $81,000 as Short Liquidations Hit $469 Million

Key Facts

Amid shifting monetary policy dynamics, the digital asset market has demonstrated unexpected resilience against macroeconomic headwinds. According to reports, Bitcoin's price surged past the $81,000 level on Friday following a three-day recovery rally, breaking through previous resistance at $78,000 and $80,000. This upward momentum accelerated as buyers returned to the market, reversing the bearish sentiment observed earlier in the week.

The price breakout triggered a massive short squeeze, with the market witnessing a total of $547 million in liquidations over a 24-hour window. Per analyst data, short positions accounted for the vast majority of the wipeout, totaling $469.19 million as traders positioned for a decline were forced to cover. This surge occurred despite the US Federal Reserve, under Chair Kevin Warsh, increasing its target rate by 25 basis points to a 3.75%-4.00% range during the same period.

Looking ahead, the $76,400-$76,700 zone remains a critical support level should the price retreat, while the market watches for sustained stability above $81,000 (as of close September 18, 2026). Following these significant liquidations, traders are looking toward upcoming CFTC Commitment of Traders reports to gauge institutional positioning and determine if the current momentum has sufficient backing for further gains.