Bitcoin's explosive move toward $87,000 crushed traders betting against the cryptocurrency, but Tuesday's pullback is setting up the rally's next test. BTC pushed towards $87,300 on Monday before retreating towards $85,800 on Tuesday, after breaking through resistance around $82,000. The move forced hundreds of millions in bearish positions to close, creating automatic buy orders that accelerated the advance. But forced buying is temporary. With leverage rebuilding even as shorts were liquidated, Bitcoin now needs spot investors and ETF flows to prove buyers still exist once the squeeze has run its course.