News View Non-AMP

Expert Warns of $10 Billion Bitcoin Short Squeeze – Will It Cause a Rally?

Published by
Mustafa Mulla

Bitcoin is going through a big change as more investors decide to hold onto their assets, showing rising trust in its long-term value, even with market ups and downs. Therefore Bitcoin’s recent movements have put traders on high alert, as top analyst MartyParty warns of a $10 billion short squeeze that could push the cryptocurrency’s price to new levels. 

This makes for a dramatic showdown – yet again. Is it worth the worry? Let’s explore.

A Short Squeeze Is Coming!

According to well-known crypto analyst MartyParty, Bitcoin’s current price levels suggest that many leveraged short trades could face liquidation, triggering a buying frenzy. 

As Bitcoin nears $66,200, approximately $10 billion in short positions are at risk. In such scenarios, liquidated short trades automatically convert into spot buys, driving the price upward as shorts are closed out.

MartyParty explains that if Bitcoin breaks past this level, it could trigger a chain reaction of liquidations, sending the price to $70,300. At that point, another $16 billion in short positions would be at risk. If Bitcoin climbs further, to $72,578, an additional $18 billion in short trades could be liquidated.

Technical Signals Suggest a Rally

Bitcoin is close to forming a “Golden Cross” on its weekly chart, a bullish sign that often predicts price rallies. With Bitcoin currently trading at $62,452, the MACD (a key momentum indicator) is trending upwards. At the same time, selling pressure is easing, suggesting more investors are choosing to hold rather than sell.

Traders Remain Optimistic – Eyes on the Prize!

With steady trading volume and a recent 0.63% price gain, traders are growing more confident that a rally is near. In the past, Bitcoin’s Golden Cross formations in 2020 and mid-2021 led to some of its most significant price surges, including its rise to $70,000. If another Golden Cross forms, it could signal another major price jump.

Overall, Bitcoin’s current technical indicators and the potential for a large short squeeze have traders on high alert, watching to see if the cryptocurrency can make another big move towards new all-time highs.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

PEPE Price Prediction 2025, 2026 – 2030: Can Pepe Memecoin Reach 1 Cent?

Story Highlights The live price of the PEPE coin is . Analysts predict PEPE could…

July 1, 2025

ETH, XRP, SOL and ADA To Lead Altcoin Rally?

Altcoins are rising again. Thanks to growing excitement around ETFs, bullish price trends, and increasing…

July 1, 2025

XRP Price Prediction For July 2025

Ripple’s XRP has stormed into July with renewed bullish momentum, crossing above the $2.20 mark…

July 1, 2025

Can XRP Price Hit $30 or $50?

The XRP community is once again hopeful as the token’s price showed another short-term jump…

July 1, 2025

Robert Kiyosaki Says, “I Bought Another Bitcoin Today. Call Me a Fool If You Want”

Renowned finance author Robert Kiyosaki has revealed that he bought more Bitcoin, reaffirming his belief…

July 1, 2025

Meme Coin Traders Quietly Accumulate a New Meme Coin Under $0.0015 While Dumping Shiba Inu and Pepe Coin

SHIB is trading at around $0.00001171, reflecting a 2.11% drop over the past week, while…

July 1, 2025