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Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building

CoinDesk
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Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building

Bitcoin has broken out to $86,000, but analysts say the next leg depends on whether spot buyers continue to show up as leverage builds.

Key Takeaways

  1. Bitcoin has broken out to $86,000, but analysts say the next leg depends on whether spot buyers continue to show up as leverage builds.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.