Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains

Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains

Bitcoin (BTC) stayed higher into the Sep. 10 weekly close as optimistic forecasts favored $23,000 next.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

$23,000 targets remain in place

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $21,730 on Bitstamp overnight — the most since Aug. 26.

The pair managed to conserve its prior gains despite low-volume weekend trading conditions being apt to amplify any weakness.

Among analysts, excitement was palpable going…


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