BITCOINS EPIC $7.5B LONG SQUEEZE JUST MADE BTC PRICE MORE BULLISH — HERES WHY

The world of cryptocurrency is known for its dramatic swings, and Bitcoin (BTC) is no stranger to volatility. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. BTC $ 104,402.14Recently, the market experienced a significant shake-up, with Bitcoin's price fluctuating wildly.What started as a drop from $40,000 to $30,000 was followed by a powerful resurgence, leaving many investors wondering what's next.Adding fuel to the fire was an epic $7.5 billion long squeeze that sent shockwaves through the derivatives market. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins.But, contrary to initial fears, this event might have actually paved the way for a more bullish outlook on BTC price.This article dives deep into the mechanics behind this squeeze, explores the reasons for Bitcoin's current upward trajectory, and analyzes key technical indicators to help you understand why the Bitcoin price is potentially positioned for further gains. Bitcoin's epic $7.5B long squeeze just made BTC price more bullish Here's why Not everyone is bearish after Bitcoin price dropped from $40,000 to $30,000 and went back up again. Total viewsWe'll also explore how factors like ETF inflows and open interest are contributing to this positive sentiment, providing a comprehensive overview of the current state of the Bitcoin market. The price of Bitcoin (BTC) is $93,825.31 today as of, EDT, with a 24-hour trading volume of $9.55B. Each bitcoin is made up of 100 million satoshis, making it divisibleGet ready to understand why some analysts believe we're on the cusp of a new all-time high.

Understanding the $7.5B Long Squeeze and Its Impact

A ""long squeeze"" occurs when a significant number of traders have bet on the price of an asset (in this case, Bitcoin) to increase by taking ""long"" positions. Bitcoin Price Watch: Cup and Handle Pattern Signals Potential Surge. At 8 a.m. Eastern time, bitcoin is trading at $104,881 to $105,266 over the past hour, with a market capitalization of $2.08 trillion and a 24-hour trading volume of $24.93 billion. The 24-hour intraday price range spanned from $103,655 toThese positions are often leveraged, meaning traders borrow funds to amplify their potential profits (and losses).When the price suddenly drops, these leveraged long positions are at risk of being liquidated. Join Coinbase One today and get 4.5% APY on your first $30,000 USDC, zero trading fees, priority support, and more. Claim free trial Explore crypto like Bitcoin, Ethereum, and DogecoinLiquidation happens when the exchange automatically closes the position to prevent further losses, triggering a cascade of sell orders that further drive down the price. The analyst noted that each time Bitcoin made new price breakouts in February 2025, February 2025, and November 2025, the price could grow s much as 189% after 180 days.This is precisely what happened, wiping out a staggering $7.5 billion in leveraged long positions.

So, why did this seemingly negative event ultimately contribute to a more bullish Bitcoin outlook? La ca da de precios de este mi rcoles en el mercado spot de Bitcoin (BTC) borr alrededor de $7,56 mil millones en posiciones apalancadas de los mercados de derivados de criptomonedas. Los inversores alcistas apalancados terminaron el mi rcoles con unos $7,500 millones de d lares en posiciones largas.The answer lies in the cleansing effect of the squeeze. More Topics Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science TabletopBy flushing out over-leveraged positions, the market became less susceptible to further sharp corrections. Co-creator and creative director for AstronosThink of it like weeding a garden – removing the weak plants allows the stronger ones to thrive.With the excess leverage removed, the underlying demand for Bitcoin could shine through, leading to a more sustainable and potentially higher price floor.

Why Is Bitcoin Price Up Today?Exploring the Catalysts

After the long squeeze, Bitcoin demonstrated remarkable resilience, staging a significant recovery.Several factors contributed to this upswing:

• Technical Rebound: As the dust settled after the squeeze, bargain hunters and long-term holders stepped in, recognizing the dip as a buying opportunity. In this article, I review what triggered the sudden drop, why the Bitcoin price is going up today, and how to interpret the bullish pin bar above the 50-day exponential moving average a potentially strong buy signal. Why Is Bitcoin Price Up Today? On Tuesday, Bitcoin is trading above $97,000 on Binance, marking its highest value in a week.The price bounced off key support levels, signaling renewed buying interest.
• Positive News Flow: Favorable news, such as continued inflows into U.S.-listed spot Bitcoin ETFs, further boosted market sentiment.These ETFs provide a more accessible way for institutional and retail investors to gain exposure to Bitcoin, driving up demand.
• Decreased Selling Pressure: With the over-leveraged long positions cleared out, the market experienced reduced selling pressure.This allowed the price to recover more easily as buying demand outweighed selling pressure.

Currently, Bitcoin is trading around $104,000 - $105,000 (as of this writing, prices fluctuate rapidly) and has shown considerable strength in recent days.The ability to recover so quickly after such a significant liquidation event demonstrates the underlying strength of the Bitcoin market.

Analyzing Key Technical Indicators

Technical analysis provides valuable insights into potential future price movements. The current price of Bitcoin (BTC) is 104,455 USD it has fallen 2.78% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing BTC price chart.Let's examine some key indicators that support the bullish narrative:

• Trading Channel: Bitcoin has been trading within a channel for a significant period, potentially indicating stability and a defined range of price movement. That investment would be worth $108,992,743.36 today based on a price of $98,093.47 for Bitcoin at the time of writing. In contrast, a $1 investment in Bitcoin at the time of the Bitcoin-pizzaA breakout above the upper resistance of this channel could signal a strong bullish move.
• Horizontal Resistance: The $64,500 level has acted as a strong horizontal resistance area. Here Are 3 Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K U.S. listed spot ETF inflows continue to break records, as CME open interest spikes in the past 24 hours.Successfully breaking above this level would further confirm the bullish outlook and open the door for potentially reaching a new all-time high.
• Higher Lows: The formation of higher lows on the price chart is a classic bullish signal.Each higher low indicates increasing buying pressure and a growing willingness among investors to buy Bitcoin at higher prices.
• Bullish Pin Bar: A bullish pin bar forming above the 50-day exponential moving average (EMA) can be a strong buy signal. Bitcoin (BTC) reached its highest price on it amounted to 104,081.6 USD. Find more insights on the BTC price chart. See the list of crypto gainers and choose what best fits your strategy.This pattern suggests that buyers stepped in to defend the 50-day EMA, pushing the price higher and indicating strong underlying support.

It's important to note that technical analysis is not foolproof, and these indicators should be used in conjunction with other forms of analysis, such as fundamental analysis and market sentiment analysis.

Bitcoin Open Interest and ETF Inflows: Fueling the Rally

Two key factors have been instrumental in driving Bitcoin's recent rally: the increase in Bitcoin futures open interest and the substantial inflows into U.S.-listed spot Bitcoin ETFs.

Bitcoin Futures Open Interest

Bitcoin futures open interest represents the total number of outstanding Bitcoin futures contracts. Bitcoin futures' open interest on a one-day basis saw the biggest jump in 24 hours since June, an increase of over 20,000 BTC. Since Oct. 16, U.S listed spot ETFs have seen $2.7 billion of netA significant increase in open interest, particularly when accompanied by a price increase, suggests strong bullish sentiment and increased participation in the market.The recent surge in open interest, reaching levels not seen since June, indicates that more traders are actively betting on the future price of Bitcoin.

This increased participation can amplify price movements, both upwards and downwards.However, in the current context, with strong demand and positive news flow, the rising open interest is more likely to contribute to further price gains.

Spot Bitcoin ETF Inflows

The approval and launch of U.S.-listed spot Bitcoin ETFs have been a game-changer for the Bitcoin market. Bitcoin saw classic BTC price volatility into the Nov. 7 daily close as a short squeeze took the market near $36,000. BTC/USD 1-hour chart. Source: TradingViewThese ETFs provide a regulated and accessible way for institutional and retail investors to invest in Bitcoin without directly holding the underlying asset.The continued inflows into these ETFs, totaling billions of dollars since their launch, demonstrate strong institutional demand for Bitcoin and are a significant driver of the recent price surge.The $2.7 billion of net inflows since October 16 is a testament to this growing institutional adoption.

These inflows are not just a short-term phenomenon; they represent a long-term trend of increasing institutional acceptance of Bitcoin as a legitimate asset class. 6.2K subscribers in the CryptoNewsandTalk community. This sub is dedicated to the latest cryptocurrency news and updates, as well as discussingAs more institutions allocate a portion of their portfolios to Bitcoin, the demand and price are likely to continue to rise.

Bitcoin Price Prediction: Can BTC Reach a New All-Time High?

Predicting the future price of Bitcoin is always a risky endeavor, given its inherent volatility and susceptibility to market sentiment.However, based on the current technical and fundamental factors, the prospects for Bitcoin reaching a new all-time high appear promising.

Several analysts have pointed to historical patterns and market cycles to support their bullish price targets. The current circulating supply of Bitcoin is 19,875,725. This is 95% of its max supply of 21,000,000 BTC and 100% of its total supply of 19,875,725. The market cap is currently $2.10T, which is a result of multiplying the current price of Bitcoin($105,659.28) by the total supply(19,875,725 BTC). The fully diluted valuation of Bitcoin is $2.22T.One analyst noted that in previous bull runs, Bitcoin experienced significant price increases after breaking out to new highs. Not everyone is bearish after Bitcoin price dropped from $40,000 to $30,000 and went back up again.For example, previous breakouts have seen price growth of as much as 189% after 180 days. The live Bitcoin price today is $104,364.35 USD with a 24-hour trading volume of $50,255,072,425.45 USD. We update our BTC to USD price in real-time.Applying similar patterns to the current market conditions suggests that Bitcoin could potentially reach new record highs in the coming months.

Of course, there are also risks to consider.Regulatory uncertainty, macroeconomic factors, and unexpected black swan events could all potentially derail the bullish narrative and trigger a price correction. More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000. Bitcoin (BTC) saw classic BTC price volatility into the Nov. 7 daily close as a short squeezeHowever, with the current momentum and strong institutional support, the path of least resistance appears to be upwards.

Understanding Bitcoin's Market Cap and Supply

Gaining a clear understanding of Bitcoin's market capitalization and supply metrics can offer further insights into its valuation and potential future growth.As of today:

• The current circulating supply of Bitcoin is around 19,875,725 BTC.
• This represents approximately 95% of its max supply of 21,000,000 BTC. Portanto, quando os pre os do BTC caem, seu movimento negativo pega os traders otimistas - aqueles com posi es alavancadas nos pre os mais altos do BTC - com o p errado. O evento levou muitos analistas a reduzir sua tend ncia de alta no mercado de Bitcoin, com Scott Minerd, diretor de investimentos da Guggenheim Partners, referindo-seThis scarcity is a fundamental element in Bitcoin's value proposition.
• The market capitalization is hovering around $2.10 trillion, which is calculated by multiplying the current Bitcoin price (around $105,659.28) by the circulating supply.
• The fully diluted valuation of Bitcoin stands at around $2.22 trillion.

The limited supply of Bitcoin, coupled with increasing demand, is a powerful driver of its price appreciation. The Bitcoin (BTC) price has traded inside a channel for 214 days. BTC also trades inside the $64,500 horizontal resistance area. Can BTC finally break out and reach a new all-time high? The BTC price started its recovery on Aug. 5 and created its first higher low on Sept. 6.As more investors recognize Bitcoin's value as a store of value and a hedge against inflation, its market capitalization is likely to continue to grow.

Navigating Bitcoin Volatility: Practical Tips for Investors

While the bullish outlook for Bitcoin is encouraging, it's essential to remember that volatility is an inherent part of the cryptocurrency market.Here are some practical tips for navigating Bitcoin volatility and managing risk:

• Diversify Your Portfolio: Don't put all your eggs in one basket.Diversify your investments across different asset classes to reduce your overall risk exposure.
• Invest Only What You Can Afford to Lose: Cryptocurrency investments should be considered high-risk, high-reward.Only invest funds that you can comfortably afford to lose without significantly impacting your financial well-being.
• Use Stop-Loss Orders: Stop-loss orders automatically sell your Bitcoin if the price falls below a certain level, helping to limit your potential losses.
• Avoid Over-Leveraging: Leverage can amplify both profits and losses.Be cautious when using leverage and avoid taking on excessive risk.
• Stay Informed: Keep up-to-date with the latest news and developments in the cryptocurrency market.Understanding the factors that influence Bitcoin's price can help you make more informed investment decisions.
• Consider Dollar-Cost Averaging (DCA): DCA involves investing a fixed amount of money at regular intervals, regardless of the price.This strategy can help smooth out volatility and reduce the risk of buying at the top.

Conclusion: A Bullish Future for Bitcoin?

The epic $7.5 billion long squeeze, while initially appearing negative, has ultimately contributed to a healthier and more sustainable Bitcoin market.The cleansing effect of the squeeze, combined with strong technical indicators, positive news flow, and significant inflows into Bitcoin ETFs, paints a bullish picture for the future.The ability of BTC price to recover swiftly and maintain momentum after such a large liquidation event highlights its resilience and the growing confidence among investors.

While volatility remains a factor to consider, the long-term outlook for Bitcoin appears increasingly positive.As institutional adoption continues to grow and the limited supply of Bitcoin becomes more apparent, the potential for further price appreciation is significant.Remember to conduct your own research, manage your risk carefully, and stay informed about the latest developments in the cryptocurrency market before making any investment decisions.If you're interested in learning more about Bitcoin and other cryptocurrencies, consider exploring reputable resources and educational platforms to expand your knowledge.The world of crypto awaits!