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The Daily Hodl 2023-05-24 07:04:56

Top Analyst Predicts Strong Short Squeeze for Bitcoin to $30,000 – But There’s a Big Catch

A closely followed crypto trader believes that Bitcoin (BTC) will likely witness an eruption toward the $30,000 price level. Pseudonymous analyst Loma tells his 195,000 Twitter followers that a strong short squeeze could fuel Bitcoin’s rally toward his target. A short squeeze happens when traders who borrow an asset at a certain price in hopes The post Top Analyst Predicts Strong Short Squeeze for Bitcoin to $30,000 – But There’s a Big Catch appeared first on The Daily Hodl .

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