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Bitcoin price seesaws beneath $60K as anticipation builds for fresh BTC 'short squeeze'
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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
Read more on cointelegraph.comAbout this in other media
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