Bitcoin May Surge to $90,000 as Short Positions Get Squeezed, Yet Traders Caution About Rising Leverage
Bitcoin’s recent rally has propelled the leading cryptocurrency to breach the $86,000 threshold, sparking speculation that it could climb even higher, potentially reaching the $90,000 mark. This surge appears to be driven largely by a short‑covering squeeze, where traders who bet against Bitcoin are forced to buy back their positions as prices rise, adding further upward pressure. While the price…
Sept. 21, 2026, 8:39 p.m.