According to Crypto Rover, Bitcoin has surged back above $85,000, sparking discussions among traders about the possibility of reaching $90,000 by the end of the day. This significant price movement is critical for traders focusing on short-term gains and highlights the volatile nature of Bitcoin markets. However, traders should exercise caution and ensure to monitor market conditions closely, as rapid fluctuations can impact trading strategies.

According to Crypto Rover, all Bitcoin liquidity is concentrated above the $85,000 mark, indicating potential resistance levels for traders considering entry or exit strategies. This concentration of liquidity suggests that traders should be cautious of significant market movements if these levels are approached or breached.

According to KookCapitalLLC, a prominent financial analyst on Twitter, Bitcoin is projected to reach $85,000. This prediction suggests potential upward movement in the cryptocurrency market, encouraging traders to consider bullish positions and monitor Bitcoin's price closely for investment opportunities.

According to Crypto Rover (@rovercrc), once Bitcoin surpasses the $85,000 mark, it could trigger the largest short squeeze in history. This event would likely cause a rapid increase in Bitcoin's price as short sellers rush to cover their positions, potentially leading to significant market volatility.

According to Trader XO, Bitcoin has reached a price of $85,000, marking a significant milestone in its trading value. Trader XO mentioned that they have taken partial profits at this level, suggesting a strategic move to capitalize on the current market conditions. This decision may influence other traders to reassess their positions at this price point. (Source: Trader XO on Twitter)