Can Bitcoin hold US$80,000 after a US$386M short squeeze and US$1.16B in ETF outflows?

I think this crypto advance deserves attention, but not full conviction. Bitcoin rose 4.77 per cent to US$80,721.27 in 24 hours and led a broad move that lifted the total crypto market 4.73 per cent to US$2.69T. The move showed an 87 per cent correlation with the S&P 500 and an 86 per cent…