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

Important 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.

Bitcoin liquidation “fishing” Weekly close

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView The volatility of the market has cooled after a 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 the trader wrote in his latest commentary If you want to know more about 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, another trader from the Netherlands, hinted at the low risk of an abrupt crash.

“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 of 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 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

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 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 also 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 article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making their final choice.