Bitcoin is primed to short-squeeze with the weekly closing nearing

The following are key points.

• Bitcoin Market Analysis: The market is expected to reach $114,000 by the close of this week.

• The traders are predicting a BTC rebound in the next week.

• Bitcoin’s uptrend is still intact, despite the $ 19 billion cascade of liquidations.

BitcoinBTCThe price of BTC was expected to rebound next. Traders were hoping for the BTC value to return.

Bitcoin liquidation “fishing” Weekly close

Data can be obtained from Cointelegraph Markets Pro You can also find out more about the following: TradingView The volatility of the market has cooled after the shock. $19 billion crypto liquidation event.

BTC/USD has not shown a significant recovery but participants in the market expect a better performance for next week.

“Can see case of a relief bounce going into weekly open / futures open,” Skew, a trader from the UK, wrote in his latest commentary X.

“Both always bring important flows from the aspect of a macro backdrop as we currently have. Plus thin market atm so careful with margin positions especially in alts.”

HTL-NL, a fellow trader, said that the risks of a major crash were low as the market was unpredictable.

“You never know what the W close and next week will bring of course, especially since legacy barely had time to respond to Trump,” He told X Followers 

“However, I am not overly worried. Everything was poised for a correction anyways, but it all got amplified and we had a system break down.”

TheKingfisher, a trading resource, saw a possible liquidity grab in the area of $114,000 with traders severely short on BTC.

“Weekends are for $BTC range liquidations fishing,” You can also find out more about us here. wrote The day’s market statistics are displayed alongside the proprietary data.

BTC Bull Market: Analyst’s view “Bearish things can happen”

Caleb Franzen creator of the financial research tool Cubic Analytics was still bullish.

Related: Bitcoin’s ‘macro whiplash,’ Shuffle suffers data breach: Hodler’s Digest, Oct. 5 – 11

The author, in his own words: latest Substack postHe looked at the interaction between Bitcoin and its 200-day simple moving average (SMA), as well as exponential moving (EMA).

“Maybe prices fall further from here,” He argued. 

“Similar to the consolidations that occurred in August-September 2023, July – September 2024, and February – April 2025, it would be completely normal for a brief decline below the 200-day MA cloud before a reclaim and trend continuation to new highs.”

Despite that, BTC/USD could still print a higher low on daily timeframes — something that Franzen said would leave the uptrend intact.

“If uptrends are just the production of higher highs & higher lows, then nothing about this consolidation has invalidated the uptrend,” “He added.”

“While we must accept that bearish things can happen during uptrends, as this past week proved, it’s also vital to accept that being bearish during an uptrend is a great way to lose money and/or underperform.”

The information in this article is neither investment advice nor a recommendation. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.