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10x Research: Potential short squeeze recently boosted BTC price, facing risks in September
Odaily Planet Daily News According to 10x Research’s latest analysis, the recent Rebound in the BTC market is strategic, and $65,000 is crucial for paper profits. As expected, the FOMC meeting minutes and Powell’s dovish stance have pushed up the BTC Rebound, and the potential short squeeze has boosted the BTC price. However, despite its predicted increase of 10%, these gains have now been completely reversed, and significant risks are emerging as September approaches.