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Bitcoin Price Nears Major “Short Squeeze”, Peter Brandt Signals BTC Rally Coingape 21 Aug 2024

Bitcoin Price Nears Major “Short Squeeze”, Peter Brandt Signals BTC Rally 🚀

Bitcoin derivatives market indicates a potential 'short squeeze' that may lead to a significant Bitcoin price rally, marking the end of the recent selloff in the largest cryptocurrency.

Analysts are bullish due to strong BTC chart technicals and favorable macroeconomic data. Peter Brandt also signals a BTC rally.

The information was revealed by CoinGape.

Source: coingape.com ↗

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