Bitcoin Price Predictions: Short Squeeze Looms as Bull Run Continues

Bitcoin’s recent surge is creating an exciting showdown between bulls and bears. The cryptocurrency has broken past key resistance levels, setting its sights on the yearly open price near $93,500. This puts the Bitcoin price (BTC) in a prime position for potential short squeezes. Analyst and trader Michaël van de Poppe suggests this could lead to a bullish breakout, while others anticipate a brief dip below $87,000 before a renewed rally.