bullish

Bitcoin

Resistance

<ul>
 <li>Bitcoin rebounds above $106K as political deal nears.</li>
 <li>Resistance at $112K is critical for market momentum.</li>
 <li>A breakout could lead to a powerful short squeeze.</li>
</ul>
<p>Bitcoin has surged back above the $106,000 mark, driven by renewed optimism surrounding a potential U.S. government shutdown deal. The news has sparked fresh buying interest in the crypto market, as investors anticipate reduced macroeconomic risk if a deal is finalized.</p>
<p>This rebound marks a key recovery for Bitcoin after recent market jitters had pushed it lower. The return above the $106K level is viewed by analysts as a signal of resilience — and possibly the start of another bullish move.</p>
<h2 class="wp-block-heading" id="key-resistance-at-112k-could-trigger-short-squeeze">Key Resistance at $112K Could Trigger Short Squeeze</h2>
<p>While Bitcoin’s current rally is notable, the real test lies ahead. Market analysts are closely watching the $112,000 resistance zone. A clean breakout above this level could ignite a major short squeeze — a scenario where traders betting against Bitcoin are forced to buy back in, accelerating price gains.</p>
<p>Short squeezes often result in rapid price increases, and with current short positions still stacked, the potential for a breakout-induced rally is high.</p>
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   <p>UPDATE: <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> back above $106K as a shutdown deal takes shape; A clean break from $112k could trigger a short squeeze. <a href="https://t.co/xpG1UvOD9D" rel="noopener noreferrer nofollow">pic.twitter.com/xpG1UvOD9D</a></p>— Cointelegraph (@Cointelegraph) <a href="https://twitter.com/Cointelegraph/status/1987981317019975816?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 10, 2025</a>
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</figure>
<h2 class="wp-block-heading" id="what-s-next-for-bitcoin">What’s Next for Bitcoin?</h2>
<p>If Bitcoin can sustain momentum and break past $112K, the market could enter a high-volatility phase, attracting both institutional and retail interest. However, traders should remain cautious of fake-outs or sharp pullbacks — especially in a market heavily influenced by macro events like U.S. fiscal policy decisions.</p>
<p>In the short term, Bitcoin’s bullish structure remains intact. Market participants are watching both technical indicators and political developments closely. As the macro picture evolves, so too will Bitcoin’s trajectory.</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinomedia.com/bitcoin-short-squeeze-3/">Bitcoin Eyes Short Squeeze Above $112K</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinomedia.com">CoinoMedia</a>.</p>

Bitcoin Eyes Short Squeeze Above $112K

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