Bitcoin, $90,000 Target Set... 'Short Squeeze' Will Send It Instantly

▲ Bitcoin (BTC)/AI Generated Image ©

As Bitcoin (BTC) accelerates towards $90,000, a sharp increase in open interest, coupled with strong investor confidence, signals the prelude to a massive price surge.

According to crypto media outlet NewsBTC on May 7 (local time), Bitcoin traders are pouring out optimistic forecasts, setting the next target price at $90,000, as open interest in the market recently surged. The increased trading activity across the virtual asset market, coupled with speculative demand in the futures market and hedging demand from institutional investors, is collectively increasing upward pressure on Bitcoin. Market participants expect the current increase in liquidity to be a key driver for the bull run in Q2 2026.

Positive signals are also being continuously detected from a technical analysis perspective. Bitcoin has completed an energy compression process, forming a classic bull flag pattern in higher time frames, which is expected to provide very strong upward momentum upon breaking above the upper resistance line. Particularly, its strong support at the $81,000 level and rising lows prove that buying pressure still dominates the market, and traders evaluate the possibility of reaching $90,000 as much higher compared to Q1.

The increase in open interest, which indicates the leverage size in the futures market, has emerged as a key variable amplifying price volatility. Market analysts have diagnosed that if the current accumulated short positions trigger a short squeeze during a price increase, Bitcoin's price could break above $90,000 much faster than expected. With large-scale liquidity flowing into the market, aggressive buying pressure is supporting the downside despite short-term price corrections, keeping downside risks limited.

The macroeconomic environment is also creating favorable conditions for Bitcoin's journey to $90,000. Slowing global inflation and an expanded money supply due to a wartime economic system are further highlighting Bitcoin's appeal as a scarce asset and accelerating the inflow of institutional funds. In particular, the stable net inflow of funds through Bitcoin spot ETFs has increased its credibility as a real asset, providing a basis for traders to enter aggressive positions.

Bitcoin is currently fully prepared to enter a new price discovery phase, leveraging the explosive increase in open interest. With overall market improvement and a strong supply-demand structure aligning, the prevailing sentiment is that breaking above $90,000 is only a matter of time. Investors are advised to be mindful of increased price volatility and closely monitor breakthroughs at key resistance levels and changes in on-chain data.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*