Bitcoin (BTC) has been steadily increasing towards the predicted $100,000 price target in November, attracting both short positions and optimism from investors. Currently, 58.39% of accounts hold short positions, suggesting a belief that a correction will occur before or after reaching $100,000. Despite this, short positions dropped by 4% on November 22, indicating ongoing optimism in the Bitcoin bull run. Historical patterns suggest that the rally could continue to $138,000 or higher, but caution that a correction is likely to occur at that point.



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