#GateChristmasGiveaway Bitcoin is at a six-month low, but investors are anticipating a squeeze at $98,000.
Although Bitcoin charts are predicting further declines, investors are hoping a short squeeze toward $98,000 will reverse the downtrend.
Bitcoin (BTC) has been trending lower along with the broader cryptocurrency market since November 3rd, falling to a six-month low of $88,267 on Thursday. With key economic data releases on Thursday and Friday, markets may experience price volatility towards key BTC price levels over the next few days.
Bitcoin needs to reclaim $98,000 to “reverse” its up