Bitcoin primed for short squeeze as weekly close nears

The following are key points.

• Bitcoin analysis shows a push towards $114,000 before the end of the week.

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

• Bitcoin’s bullish market can continue despite a $19 billion cascade of liquidations.

BitcoinBTCThe price of BTC was expected to rebound next. The traders were hoping for this.

Bitcoin liquidation “fishing” Due to weekly close

The Data of Cointelegraph Markets Pro The following are some examples of how to get started: TradingView After the aforementioned shock, volatility cooled down. $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 the trader wrote about his experience in his latest commentary On 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,” ??????????????????????????????????????????????????????????????????????????????????????????? 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 trading resource saw potential for a liquidity grab around $114,000, as traders were heavily short of BTC.

“Weekends are for $BTC range liquidations fishing,” It is a good idea to get a hold of someone else. wrote The day’s market statistics are displayed alongside the proprietary data.

BTC analyst on bull market “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

He is a 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 was arguing. 

“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.”

This article contains no investment recommendations or advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making their final choice.