$BTC Bitcoin (BTC) is currently consolidating around $106,000, showing a modest daily gain of 0.48%. After testing support near $100,000 earlier this week, the price rebounded, signaling strong buyer interest at lower levels. Intraday movements have stayed within a tight range, with no clear breakout yet. Analysts warn of a potential short squeeze that could trigger a sharp 10% surge, possibly liquidating billions in short positions. All eyes are on the weekly close to confirm momentum. Market sentiment is cautiously bullish, with traders watching for a breakout above $110K or a retest of critical support.