Bitcoin due ‘massive short squeeze’ as BTC dominance bounces to 62%


Bitcoin due ‘massive short squeeze’ as BTC dominance bounces to 62%


Bitcoin exchange order-book liquidity is creating the conditions for a giant short squeeze event as traders bet against BTC price upside.

Key points:

Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price.

Late shorts are on the radar after a trip to punish longs the day prior.

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