Bitcoin Analyst Warns BTC Short Squeeze in Mid-Week Reversal; $120K Next?
The post Bitcoin Analyst Warns BTC Short Squeeze in Mid-Week Reversal; $120K Next? appeared on BitcoinEthereumNews.com.
Key Notes The cryptocurrency experienced its biggest long-squeeze of 2025 but analysts view the crash as a reversal opportunity. Trading expert CrypNuevo identifies significant liquidity clustering around $116,500 as the first target for recovery. Current price action shows Bitcoin struggling at the 50-day moving average, which could trigger the predicted upward movement. Bitcoin BTC $113 591 24h volatility: 1.4% Market cap: $2.27 T Vol. 24h: $48.11 B and most cryptocurrencies went through the largest long-squeeze event of 2025 on September 22, with over $1.5 billion liquidated in a cascade within a few hours amid a market crash. The prominent trader and analyst CrypNuevo, however, saw it as an opportunity, setting BTC’s next stop in what could be a “mid-week reversal” to the upside. CrypNuevo is a high-accuracy trader and analyst with a solid track record, mostly basing his analysis on liquidity hunts and market makers’ psychology. According to a new series of posts on September 24, Bitcoin is getting ready for a short squeeze at around the $116,500 level—which could happen this week. “It’s time to hit short liquidations soon, and this will be the first target,” he said, sharing significant liquidity clustering around that price. $BTC liquidation heatmap: Interesting to see how $116.5k is gathering some short liquidations after the long liquidation cascade earlier in the week. I guess it’s time to hit short liquidations soon, and this will be the first target. pic.twitter.com/OpKb0jigSc — CrypNuevo 🔨 (@CrypNuevo) September 24, 2025 A few hours before sharing the liquidation heatmap, the trader had already outlined his short- and mid-term plans for Bitcoin, matching the short-squeeze warning above, in what he called an upcoming “mid-week reversal,” recovering from the crash. Next, CrypNuevo sees the $120,000 level as the mid-term price target for BTC, testing “range highs” of a trading range drawn…
Filed under: News - @ September 24, 2025 6:30 pm