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Heading towards $100,000 in Bitcoin
The market's confidence in this rally still seems weak.
The interesting part is: the short positions opened by skeptical investors are actually fueling this rise.
The mechanism is quite simple.
BEAR TRAP?
As Bitcoin tests the $95,000 level, a significant liquidity gap has appeared above. This gap creates a perfect environment for rapid momentum. If those shorting get trapped, the price could rise quickly due to a squeeze effect.