Bitcoin (BTC) chopped and changed on Nov. 18 but held a critical support level to preserve the chance of new all-time highs.
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged between $59,000 and $60,000 Thursday, seeing $1,000 swings in minutes.
With the pair’s overall range becoming ever narrower, talk turned to a potential “short squeeze” entering to push spot price to new, higher levels.
"Based on the Futures Markt structure, the funding rate and OI momentum
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