Bitcoin Bears are at Risk of a Massive Short Squeeze Coming Up

Important points

• Bitcoin’s price decline could lead to a massive short-liquidation as the bears become too comfortable.

• According to a new report, market participants are intentionally preparing for a massive bear trap.

• BTC’s price is back up to $113,000 already, resulting in the liquidation of blocks of shorts.

BitcoinBTCIt is time for a re-evaluation. “next major short squeeze” Within weeks, market makers will lay down the ultimate bull trap.

You can also find out more about the A-Team here. new forecast By popular trader Luca, this week’s BTC price movement repeats the late-2024 breakout.

Bitcoin market makers keeping bears “complacent”

Bitcoin exchange order books could hold the key to what will happen to BTC/USD in the coming weeks — and bulls will benefit.

Luca argues that, when examining recent prices, the lack of higher highs does not necessarily indicate a negative signal. 

“Look at how the price action has developed for $BTC over the last couple of weeks, since we topped out in mid-August. Not one single high got swept,” He has written.

“I think the reason is that shorts are getting protected on the short-term.”

According to this theory, market makers artificially limit the range of prices in order to persuade short-sellers that their wagers will be successful.

“We’ve seen something similar before, back in 2024, all throughout that MASSIVE consolidation phase when the highs never got tapped until we actually had the breakout in November,” This post is a continuation of last year’s seven months of sideways Price action

As long as a situation like this continues, it will only get worse. “complacent” bears become — setting up ideal conditions for a short squeeze liquidation event. Luca concluded:

“I believe this is what will lead to the next major short-squeeze in the coming weeks and even though it may seem counterintuitive, I think that shorts getting protected right now and the highs not getting swept is a  very positive indication moving forward.”

BTC price breakdown “fully confirmed”

You can also read about the advantages of using Cointelegraph reportedMany participants in the market are confident that Bitcoin’s next low will be even lower.

Related: BTC vs. ‘very bearish’ gold breakout: 5 things to know in Bitcoin this week

The popular target for the downside is $100,000, and arguments are based on bearish divergences in leading indicators.

The BTC/USD pair returned to 113,000 dollars on Friday. CoinGlass In the past 24 hour, there has been a crypto-short liquidation of around 100 million dollars.

Some people find this enough. call the end of the correction From all-time lows that began mid-August.

“Bitcoin has technically fully confirmed its breakout,” Rekt capital, a well-known trader and market analyst told X subscribers alongside a new chart.

“A Daily Close and/or retest of the ~$113k region (red) would ensure additional trend continuation to the upside.”

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.