Bitcoin rebounded into the new week as bulls were challenged to squeeze out shorts and avoid filling the $102,000 candle wick on Binance.

Bitcoin (BTC) started a new week in fighting form as bulls staged a rebound past $111,000.

BTC price action improved around the weekly close as hodlers get some well-earned relief. Is a short squeeze next?

Downside price targets remain popular, with longer time frames raising questions about the strength of the bull market.

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Author: William Suberg

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