Bitcoin Eyes $85K: Short Squeeze Incoming?
Bitcoin is heating up as it nears the $85,000 mark—a key liquidity zone where short sellers might get squeezed out. With bullish momentum building and leverage rising, market watchers expect a breakout. BTC recently rebounded from $75K to over $84K, showing strong demand.
What’s happening?$BTC
Traders betting against BTC (short sellers) could be forced to buy back in if prices surge past $85K—driving the price even higher in a classic short squeeze.
*Thinking of buying BTC*?$BTC
You can start with trusted crypto exchanges like Coinbase, Binance, or Kraken. Just sign up, verify your account, deposit funds, and you're good to go.
Heads-up:
Crypto is volatile. Never invest more than you can afford to lose—but this $85K zone could be a game changer.
simple buy/sell price suggestion based on the current market trend described in the post:
Current BTC Price: ~$84,000 (as of April 12–13, 2025)
Resistance Zone: $84,500–$85,500
Support Zone: Around $81,000
Suggested Buy/Sell Strategy:
Buy Price (Entry): $82,500–$83,200
(Buy during a slight dip or pullback before breakout)
Sell Price (Target): $86,000–$88,000
(Sell after the breakout above $85K, before hitting heavy resistance near $90K)
Stop-Loss (Risk Control): $80,500
(If BTC drops below this, it may signal a reversal)
This is a short-term trading strategy based on technical analysis. If you’re in it for the long term, holding through volatility might also be a valid approach.
**Current BTC Price:** ~$84,000 (as of April 12–13, 2025)
**Resistance Zone:** $84,500–$85,500
**Support Zone:** Around $81,000
### Suggested Buy/Sell Strategy:
- **Buy Price (Entry):** $82,500–$83,200
*(Buy during a slight dip or pullback before breakout)
- **Sell Price (Target):** $86,000–$88,000
*(Sell after the breakout above $85K, before hitting heavy resistance near $90K)*
- **Stop-Loss (Risk Control):** $80,500
