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Bitcoin Reaches $48,000??$50K NEXT?On Monday, bitcoin dipped below the key $25, support level for the first time since March. The rebound could be fueled in part by investors. One big risk is when a bullish catalyst (earnings, news, technical event, etc.) pushes the stock price higher, prompting short sellers to "head for the exits". A short squeeze follows the same route as short selling. The only difference is that instead of the price dropping, it increases. Mostly, short selling falls.
