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Bitcoin Price Prediction April 2026: Iran Ceasefire and $427M Short Squeeze Set Up BTC $80K Breakout Test

From financemagnates.com

Bitcoin (BTC) traded at $71,362 on Wednesday, April 9, 2026, up approximately 4.5% from Tuesday's open as the two-week U.S.-Iran ceasefire collapsed crude oil prices and sent $427 million in crypto short positions into forced liquidation. The Bitcoin price prediction debate has shifted sharply over the past 72 hours. Now BTC is pressing into the densest cluster of short liquidity in the $72,000-$73,500 range, with $6 billion in leveraged positions at risk of cascade liquidation. Morgan Stanley's MSBT, the first spot Bitcoin ETF from a major U.S. bank, launched on Tuesday with $34 million in day-one inflows, adding a ... (full story)

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