BUSINESSTHE BLOCK
‘Altitude sickness can wait’: Bitcoin’s historic short squeeze, Bessent catalyst may signal bull-market reset, analysts say
Analysts suggest that Bitcoin's historic short squeeze, coupled with a potential 'Bessent catalyst,' may signal an impending bull-market reset. The article also references the unrelated observation that ‘altitude sickness can wait.’
Related Signal
Adjacent reporting
- Retail short heavy = moon time
- With each new cycle having diminishing returns and tapering down, will we see a future bull market have a peak lower than the previous cycle's ATH, and in other words be just shy of a new ATH?
- Bulls want bitcoin back above $80,000. Macro says not so fast.
- Bitcoin Crash Incoming? April Surge Was Built on Shaky Ground, Analysts Warn
- Why bitcoin’s recent climb to $80,000 might just be a temporary liquidity squeeze