Bitcoin May Surge to $90,000 as Short Positions Get Squeezed, Yet Traders Caution on Rising Leverage
Bitcoin’s recent rally has pushed the cryptocurrency’s price well above the $86,000 mark, sparking speculation that a further climb toward the $90,000 threshold could be on the horizon. This potential upside is largely being driven by a classic market phenomenon known as a short squeeze, where traders who have bet against the asset are forced to cover their positions as prices rise, thereby addin…
Sept. 21, 2026, 8:39 p.m.