Bitcoin is set to rebound to $80,000 and squeeze shorts in the process, traders say, but BTC price analysis warns of multiple sticking points for bulls.

Bitcoin is set to rebound to $80,000 and squeeze shorts in the process, traders say, but BTC price analysis warns of multiple sticking points for bulls.

Bitcoin fails to match US stocks as a trip to $78,000 becomes one in a series of liquidity hunts within a well-defined BTC price range.

Bitcoin price needs to hold above $70,000 to avoid another downtrend leg toward yearly lows.