The post Data Shows Bitcoin Short Squeeze Likely With Speculation of “Bullish” US CPI appeared on BitcoinEthereumNews.com.

After facing strong selling pressure, Bitcoin (BTC) is preparing for a potential short squeeze to grab liquidity on the higher side. Market experts are turning bullish ahead of the US CPI data for September, coming this Friday. On the other hand, Michael Saylor has hinted at another big purchase coming ahead for BTC. Bitcoin Short Squeeze In the Making As per the data from Coinglass, a major short squeeze could be forming in the Bitcoin market, with a significant amount of liquidity now concentrated above current price levels. Experts believe that markets usually move towards areas of high liquidity. Thus, the next move for BTC could be higher from here. Furthermore, some experts believe that the Gold liquidity can now shift to Bitcoin, after an unprecedented rally in the yellow metal. The BTC/Gold ratio is flashing signs of a market bottom. Source: Coinglass Crypto analyst Ted Pillows hinted at the surge in the Coinbase Bitcoin premium, a trend that indicates a bullish signal ahead. The analyst added that if this premium continues to rise into next week, it could set the stage for a major Bitcoin rally. A growing Coinbase premium typically indicates stronger U.S. institutional and retail demand compared to global exchanges. Source: Ted Pillows Uncertainty in the crypto market has been rising recently, with a 100% Trump tariff announcement on China earlier in October. This has so far derailed the ‘Uptober’ rally that started on a good note earlier this month. On the other hand, Michael Saylor prepares for another major BTC purchase. Saylor’s firm currently holds 820,000 BTC valued at approximately $69 billion, with an average acquisition price of $64,000 per BTC. The most important orange dot is always the next. pic.twitter.com/N5GQOdqr6y — Michael Saylor (@saylor) October 19, 2025 The chart, which marks past purchases with orange dots,…

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Filed under: News - @ October 20, 2025 4:28 am