Bitcoin has climbed for 6 straight days, now hovering near $94,000. Strong ETF inflows and rising spot volume are clearly supporting the move — but the real question is 👇 Is this a genuine bull-market leg or just a short squeeze? 🔍 What’s really happening: • Spot BTC ETFs are seeing renewed institutional inflows • Exchange BTC supply continues to decline • Market structure shows higher highs & higher lows • Short liquidations accelerated the upside (fuel, not the cause) 📊 My take: This move is not just a short squeeze. Yes, shorts added momentum — but real demand is underneath, especially from institutions via ETFs. ⚠️ Still, risk remains: After a strong 6-day rally, short-term overheating is possible. Chasing green candles is rarely optimal. 📈 Key levels to watch: • Resistance: $95K – $100K • Strong support: $90K – $88K Holding above support keeps the bullish structure intact. 💡 Strategy: • Long-term → Accumulate on pullbacks • Short-term → Wait for either a clean breakout above $95K or a healthy dip • Risk management > FOMO Conclusion: This looks like the early phase of a broader bull trend, not just a squeeze — but smart entries matter more than excitement. What’s your move? 🔁 Buy now ⏳ Wait for pullback 🤔 Stay sidelined
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#BitcoinSix-DayRally
Bitcoin has climbed for 6 straight days, now hovering near $94,000.
Strong ETF inflows and rising spot volume are clearly supporting the move — but the real question is 👇
Is this a genuine bull-market leg or just a short squeeze?
🔍 What’s really happening:
• Spot BTC ETFs are seeing renewed institutional inflows
• Exchange BTC supply continues to decline
• Market structure shows higher highs & higher lows
• Short liquidations accelerated the upside (fuel, not the cause)
📊 My take:
This move is not just a short squeeze.
Yes, shorts added momentum — but real demand is underneath, especially from institutions via ETFs.
⚠️ Still, risk remains:
After a strong 6-day rally, short-term overheating is possible. Chasing green candles is rarely optimal.
📈 Key levels to watch:
• Resistance: $95K – $100K
• Strong support: $90K – $88K
Holding above support keeps the bullish structure intact.
💡 Strategy:
• Long-term → Accumulate on pullbacks
• Short-term → Wait for either a clean breakout above $95K or a healthy dip
• Risk management > FOMO
Conclusion:
This looks like the early phase of a broader bull trend, not just a squeeze — but smart entries matter more than excitement.
What’s your move?
🔁 Buy now
⏳ Wait for pullback
🤔 Stay sidelined