#bitcoin
⚡️$BTC : Explosion or Crash?
A “powder keg” situation has formed in the BTC market. The number of short positions has increased by 52% in 2 days, which creates ideal conditions for a sharp movement.
📈 Scenario 1: Short squeeze (Breakout)
If the price breaks through $70,000–$72,000, bears will be forced to close positions en masse (buy). This will trigger a chain reaction that can instantly push $BTC to new highs. The market is overloaded with bearish bets, and this is fuel for growth.
📉 Scenario 2: History repeats (Breakdown)
Technically, $BTC fell out of the ascending channel at $66,000. A similar pattern in the past led to a drop of -34%. If the $65,000-$60,000 support fails, the next stop could be in the $35,000-$40,000 range.
In short: We are at a tipping point now. A break above the $65,000-$72,000 range will set the trend for the coming weeks.
