Bitcoin Short Squeeze? Analyst Bets on a Run to $90,000
Bitcoin is holding its 200-day moving average near $73,200 after bouncing off the $72,689 swing low, and analyst CrediBULL Crypto says the setup mirrors the last squeeze: a run from $72,000 toward $90,000 in days.
BTC trades near $73,740 with resistance at $75,000–$76,000. Nearly $290M was liquidated in 24h, mostly longs, while open interest fell 2.44%.
Next macro test: U.S. PPI lands Friday, Nov 13.
Not financial advice.
#Bitcoin $BTC #Crypto
Bitcoin is holding its 200-day moving average near $73,200 after bouncing off the $72,689 swing low, and analyst CrediBULL Crypto says the setup mirrors the last squeeze: a run from $72,000 toward $90,000 in days.
BTC trades near $73,740 with resistance at $75,000–$76,000. Nearly $290M was liquidated in 24h, mostly longs, while open interest fell 2.44%.
Next macro test: U.S. PPI lands Friday, Nov 13.
Not financial advice.
#Bitcoin $BTC #Crypto
