Bitcoin, $90,000 Target Price Set... 'Short Squeeze' Could Send It Soaring Instantly

▲ Bitcoin (BTC)/AI Generated Image ©

As Bitcoin (BTC) accelerates towards $90,000, a sharp increase in open interest, coupled with strong investor conviction, signals the prelude to a massive price surge.

According to crypto media outlet NewsBTC on May 7 (local time), Bitcoin traders are pouring out optimistic forecasts, setting the next target price at $90,000, as open interest in the market has recently surged. As trading activity across the virtual asset market increases, speculative demand, primarily in the futures market, and institutional investors' hedging demand are simultaneously intertwining, boosting Bitcoin's upward pressure. Market participants expect the current increase in liquidity to be a key driver for the bull market in Q2 2026.

Positive signals are also being continuously detected from a technical analysis perspective. Bitcoin has completed an energy compression process, forming a typical bull flag pattern in higher time frames, which is expected to provide very strong upward momentum upon breaking above the upper resistance line. The fact that it has firmly held the $81,000 level and raised its lows proves that buying pressure still dominates the market, and traders are evaluating the possibility of reaching $90,000 as much higher compared to Q1.

The increase in open interest, which indicates the scale of leverage in the futures market, has emerged as a key variable amplifying price volatility. Market analysts diagnosed that if the current accumulated short positions trigger a short squeeze during the price increase, Bitcoin's price could break through $90,000 much faster than expected. With large-scale liquidity flowing into the market, despite short-term price corrections, aggressive buying pressure is supporting the bottom, keeping downside risks at a limited level.

The macroeconomic environment is also creating favorable conditions for Bitcoin's journey to $90,000. Global inflation slowdown and the expansion of money supply due to a wartime economic system further highlight Bitcoin's appeal as a scarce asset and accelerate the inflow of institutional funds. In particular, the stable net inflow of funds through Bitcoin spot ETFs has increased its credibility as a real asset, providing a basis for traders' aggressive position entries.

Bitcoin is currently fully prepared to enter a new price discovery phase, leveraging the explosive increase in open interest. With overall market improvement and a strong supply and demand structure intertwining, the prevailing sentiment is that breaking $90,000 is only a matter of time. Investors should be mindful of increasing price volatility and are closely watching for breakthroughs at key resistance levels and changes in on-chain data.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*