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coinpedia 2024-10-23 13:30:06

Bitcoin Price Prediction: Long Squeeze Fears Resurface with $60K Retracement on the Horizon

The post Bitcoin Price Prediction: Long Squeeze Fears Resurface with $60K Retracement on the Horizon appeared first on Coinpedia Fintech News An analyst has observed that while Bitcoin is currently maintaining a bullish breakout on larger timeframes, short-term bearish divergence is beginning to take shape. This divergence signals a possible shift in momentum, with major liquidity building to the downside below the current price, hinting at a long squeeze. Looking at the four-day Bitcoin chart, analyst …

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