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CoinOtag 2025-12-02 23:14:41

Bitcoin Nears $93K Again: Derivatives Hint at Potential Short Squeeze

Bitcoin is approaching the $93,000 level for the second time in a week, driven by building short liquidation clusters between $92,500 and $94,000, as indicated by on-chain analytics. This setup suggests potential for a short squeeze if momentum holds, fueled by forced buying from over-leveraged positions. Short liquidation clusters are forming densely around $92.5K-$94K, increasing [...]

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