BTC Bitcoin braces for ‘massive’ short squeeze!
1. The main factor in the BTC short squeeze is that the gap between institutional long positions and hedge fund short positions has “reached a record high”!
2. Asset management companies holding BTC for a long time are at an all-time high.
According to related data, if $71,000 is reached, $156.18 million in short positions will be liquidated.
A climb to $75,000 would liquidate $3.85 billion in short positions. Do you think these shorts will be liquidated?
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