Bitcoin Approaches $93K Amidst Institutional Bullishness and Short Seller Liquidation Zones
Bitcoin (BTC) is demonstrating renewed momentum, testing the $90,000 level, driven by improved market sentiment and significant corporate accumulation. Institutional players, including sovereign wealth funds, are reportedly establishing long-term Bitcoin positions. Strategy recently acquired 10,624 BTC for approximately $962.7 million.
Despite this, BTC faces strong resistance between $90,000 and $93,000, with larger holders selling into rallies. A potential catalyst for a significant upward move lies in the liquidation levels for short sellers between $94,000 and $95,300, which could trigger a short squeeze and propel Bitcoin towards $100,000.


Cryptovka
Bitcoin Price Rally? Institutions Bullish, Shorts Await at $93K
Over the last two weeks, Bitcoin (BTC) has repeatedly tested the $90,000 price level. This renewed momentum is fueled by a noticeable improvement i...







