Sentiment: Positive
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Top Analyst Predicts Strong Short Squeeze for Bitcoin to $30,000 – But There’s a Big Catch
By Daily Hodl Staff at 2026-05-09 02:46
Sentiment: Positive
A closely followed crypto trader believes that Bitcoin (BTC) will likely witness an eruption toward the $30,000 price level. Pseudonymous analyst Loma tells his 195,000 Twitter followers that a strong short squeeze could fuel Bitcoin’s rally toward his target. A short squeeze happens when traders who borrow an asset at a certain price in hopes […] The post Top Analyst Predicts Strong Short Squeeze for Bitcoin to $30,000 – But There’s a Big Catch appeared first on The Daily Hodl. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Trading #BTC #News #trading
Source The Daily Hodl