Bitcoin is testing its crucial $99,200 support level amid increasing short positions and upcoming U.S. inflation data releases. Analyst Doctor Profit has maintained short positions between $115,000 and $125,000, suggesting potential selling pressure if the support fails. The release of U.S. CPI and PPI data later this week could heighten market volatility, marking a critical juncture for Bitcoin's price trajectory.
Bitcoin Tests $99K Support as Short Positions Rise Ahead of Inflation Data
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