$BTC pumped , more than $2B short liquidationsBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PSpectropunkBTC has been bullish over the past three days, with yesterday's +7% pump catching a lot of traders off guard and triggering more than $2B in short liquidations. Those liquidations added fuel to the move, as forced short covering created additional buying pressure. That doesn't make the pump less bullish, but it does make the next reaction important. Price pushed through 65.5K and 66.5K with strong volume and is now trading inside the daily FVG. For me, the best short term bullish scenario is BTC continuing higher to 73K, followed by a retest of 70K and holding above that level. On the bearish side, a break back below 66.8K would weaken the current bullish move. For now momentum is bullish, but BTC is trading into an important reaction area.