Bitcoin 'short squeeze' or $87K dip next? BTC price predictions vary

Bitcoin could liquidate a large block of leveraged shorts with a trip above its yearly open, but BTC price dip expectations are building as traders eye $87,000.

Bitcoin is setting up a showdown with leveraged shorts immediately above its yearly open price.

That key level near $93,500 is the main target for traders hoping that BTC/USD will cement its latest breakout.

The next support retest could involve $87,000, analysis suggests.

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