Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains

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Bitcoin could see its highest weekly close in 3 weeks as $23,000 stays in play for traders.

conserve its prior gainsAmong analysts, excitement was palpable going into the new week, one which should prove pivotal for short-term crypto price action.

The Ethereum Merge and fresh United States inflation data were the top catalysts expected to influence the market. “Expect volatility to pick up around next week's economic data,” on-chain monitoring resource Material Indicators“In the meantime, remember...THIS is a rally. If you don't take profit along the way, you risk giving it all back.”

An accompanying chart showed the Binance BTC/USD order book providing solid resistance near $21,500, a zone which bulls subsequently appeared to overcome.For popular account Il Capo of Crypto, meanwhile, there was room for additional upside.

 

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Then, whats next? Here just gonna be ready for the worst scenario, NFA. Also wanna try to APE on radix when dipping again, so potential IMO cryptoproject

I opened a long on bitfinex and am waiting for the pump

Oh yeah looking forward to the 17 percent weekly gain

I thought September would be bearish but now Bitcoin can hit 25k USDT in a week.

I am absolutely sure that this will happen!

Yes ..short squeeze cominggg...😅

$Tarzan

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🚀 Thnks a millon.

🚀 Thnks a millon

Let those shorts get squeezed!!! The risk reward ratio for shorting here is higher imo, while favorable for long term investors

bitcoin 10k$ soon after game over

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Absolutely not.

We will have to wait and see eh

How come no one is talking about it

🚀 Thnks a millon.

Well that's a great result if you bought $19k bitcoin recently

I started to check finex app more often as BTC started to grow. If it is going at least 10% up within a week I will be overwhelmed with excitement

The top for this rally will be $30 000. But I would say that a reversal area is between $25 000 - 26 000. It is more logical from TA point.

Most likely another fake pump

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What are the reasons for the pump in your view?

One ought to be careful with the market volatility the more reason I have my tokens staked in Socialswapdefi an exchange swap that allows me to swap tokens on Tron network seamlessly and enjoy little gas fees charged. swap defi $sst socialswapdefi tron

🚀 Thnks a millon.

🚀 Thnks a millon.

This is from a private group...

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BTC price nears $21.7K as whales boost Bitcoin 'almost perfectly'Bitcoin faces stiff whale resistance with BTC price managing new multi-week highs. Now there is more attention to ETH, but in any case BTC at a price of about 20k is also a great opportunity to spend USDT Ever heard of Socialswapdefi a defi blockchain exchange based on Tron, makes swapping of tokens easy with little gas fees and 100% fee refund with a locked pool launched socialswapdefi swap defi $sst 🚀 Thnks a millon.
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