Last week we saw the largest short squeeze for BTC since October 2020. It came as the Treasury announced a new policy, beginning next month, to “backstop” the long end of the yield curve through more buybacks.
But is the market poised to reflexively push that short squeeze into a more durable move that points to the cycle low being in?
We explore that topic with a classic “Cycle Awareness” deep dive this week.
“Cycle Awareness” Update
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