#StrategyBTCPurchase
Bitcoin teases 'brutal' short squeeze as sellers protect $108K
Bitcoin price action slides between increasingly thick walls of exchange order-book liquidity with just hours to go before two key candle closes.
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Key points:
Bitcoin approaches the monthly and quarterly close with a sea of order-book liquidity piling up.
Shorts looked primed to be taken out, analysis argues, with a long-term resistance trend line in focus.
Fed Chair Jerome Powell is due for replacement, leading to hyper-bullish bets on risk assets.
BTC
$107,560