
Macro-Cue and Historic Squeeze Open Bitcoin’s Potential Bull-Reset
Bitcoin jumped about 23% in the past week on a historic shorts squeeze and a macro catalyst from Treasury buybacks championed by Scott Bessent. Trading activity surged, open interest declined, and funding rates normalized as liquidations surged. The options market flipped to a negative skew, suggesting a momentum shift, while Bitcoin reclaimed major moving averages in four days—a pattern seen at prior cycle bottoms—fueling talk of a potential bull-market reset, even though BTC remains roughly 36% below its all-time high.













