$BTC at the Gates: The $90.3K Key to a Short Squeeze

Bitcoin is knocking at the door of a major momentum shift. The structure is set, but one critical level stands in the way of a potential short squeeze.

The Roadmap Ahead:l

First Hurdle: $89K – A break here is needed to begin pressuring overhead short positions.

The True Gatekeeper: $90.3K – This is the level that matters. A clean, sustained reclaim above this price opens the door for $BTC to target the liquidity pool near $92K.

The Setup:

Downside liquidity near $86K has been taken, solidifying that as recent support. The market has absorbed the sell-side flow. Now, the question is straightforward: Can the bulls muster the strength to break through the remaining overhead supply and force a wave of short covering?

This is a classic compression before expansion. A stall below $90.3K suggests more consolidation is needed. A decisive break could trigger the next impulsive move.

Watch the reaction at the highs. This is where the next major decision will be made.

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