Bitcoin Primed for Short Squeeze as Weekly Close Nears
The post Bitcoin Primed for Short Squeeze as Weekly Close Nears appeared on BitcoinEthereumNews.com.
Key points: Bitcoin market analysis sees a squeeze toward $114,000 in time for the weekly close. Traders favor a BTC price rebound into next week. The Bitcoin bull market uptrend can remain intact despite the $19 billion liquidation cascade. Bitcoin (BTC) centered on $112,000 into Sunday’s weekly candle close as traders hoped for a BTC price comeback next. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin liquidation “fishing” due into weekly close Data from Cointelegraph Markets Pro and TradingView showed volatility cooling after the shock of a $19 billion crypto liquidation event. BTC/USD failed to deliver a major recovery, but market participants saw next week offering stronger performance. “Can see case of a relief bounce going into weekly open / futures open,” trader Skew wrote in his latest commentary on X. “Both always bring important flows from the aspect of a macro backdrop as we currently have. Plus thin market atm so careful with margin positions especially in alts.” Fellow trader HTL-NL hinted that while the market remained unpredictable, the risk of a serious crash was low. “You never know what the W close and next week will bring of course, especially since legacy barely had time to respond to Trump,” he told X followers. “However, I am not overly worried. Everything was poised for a correction anyways, but it all got amplified and we had a system break down.” BTC/USD one-day chart with RSI, Stochastic RSI data. Source: HTL-NL/X Trading resource TheKingfisher eyed a potential liquidity grab centered around the $114,000 area, with traders heavily short on BTC. “Weekends are for $BTC range liquidations fishing,” it wrote on the day alongside proprietary market data. BTC/USDT 15-minute chart with exchange order-book liquidity data. Source: TheKingfisher/X Analyst on BTC bull market: “Bearish things can happen” Caleb Franzen, creator of financial research resource Cubic…
Filed under: News - @ October 13, 2025 1:19 am