Bitcoin Price Prediction: Will Short Squeeze Fuel $BTC Climb to $48K?

Bitcoin Price Prediction: Bitcoin, the largest cryptocurrency by market capitalization, has demonstrated a strong bullish trend since the onset of December. Initiating the month at $37,656, Bitcoin has experienced a significant 17% increase within just a week, pushing its trading price to approximately $44,000. A key factor in this upward trajectory is the recent breach of the resistance trendline in an expanding channel pattern, which has further invigorated the coin’s recovery momentum