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Tag: short

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Bitcoin gears up for a ‘massive’ short squeeze, price could go ‘vertical’

Swyftx lead analyst Pav Hundal says this isn’t a “classic bulls versus bear battle,” while Swan Bitcoin CEO Cory Klippsten predicts “somebody gotta break at some point.” As Bitcoin  toes around the $70,000 price mark, there’s speculation that short-sellers are feeling the pressure due to diminishing downtrends and quicker-moving uptrends, potentially driving Bitcoin’s price to $80,000,…
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