Data Shows Bitcoin Short Squeeze Likely With Speculation of “Bullish” US CPI
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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