BITCOIN short squeeze

A fair value imbalance can be seen between the 0.6 and 0.7 fib level where the price would totally fulfill the imbalance. This would be also a short squeeze, which will indicate a red flag if the price hit the mentioned zones.

12.630$ would be the price target for this selloff.

Be aware of the CPI release. The technicals are not that dominant at these times.
Trend Analysis

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