Bitcoin bears bet against BTC’s rally, but a short squeeze could follow IF…
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Retail shorts in Bitcoin are increasing, setting the stage for a potential short squeeze. Historical trends indicate that bearish sentiment often precedes upward price movements. As retail traders ramp up short positions against Bitcoin's rally, the Leveraged Traders’ Sentiment indicator signals a contrarian opportunity. This pattern mirrors previous instances where overcrowded short trades led to sharp reversals, suggesting that if overleveraged shorts remain on the wrong side, a rapid price surge could occur.
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