Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building

60-second summary
Bitcoin breaks out to $86,000, sparking speculation it could test $90,000 if short positions are squeezed. Analysts note spot buyers must keep flowing as leveraged longs rise, warning that increasing leverage heightens risk of sharp corrections. The price move could trigger broader crypto market volatility and influence institutional allocation decisions, shaping short‑term sentiment.
Bitcoin has broken out to $86,000, but analysts say the next leg depends on whether spot buyers continue to show up as leverage builds.