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Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building

Bitcoin has risen to $86,000, prompting concerns among traders about potential risks from increased leverage. Analysts caution that while shorts are being squeezed, sustained buying at these levels remains uncertain. For more details, see the original report [link].

Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building
Image: CoinDesk

Bitcoin has risen to $86,000, prompting concerns among traders about potential risks from increased leverage. Analysts caution that while shorts are being squeezed, sustained buying at these levels remains uncertain. For more details, see the original report [link].

Sources

  • CoinDesk — Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building

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