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Bitcoin Price Analysis: TradingView
If Bitcoin cannot regain the $91,220 level and continues sideways, the weakness of the CMF and long-term investor selling still dominate. In that case, the "short squeeze" never begins, and Tom Lee's Bitcoin price prediction target remains out of reach. Currently, Bitcoin is stuck between the selling pressure from believers and leveraged positions.
A survival or failure prediction depends solely on one thing: whether the short sellers will be forced to close their positions or not.