Cheeky Crypto

#bitcoinstrongestweeksincemarch2023 🔥 Bitcoin just had its strongest week in more than 3 years. Then the real test began. 👀 BTC surged more than 23%, briefly pushing toward $79K after a powerful mix of macro liquidity hopes and crypto-friendly momentum from Washington. But the rally had rocket fuel: 💥 $4.3B+ in crypto shorts liquidated 🏦 $1.61B flowed into spot BTC ETFs from Monday to Thursday 📈 $606M arrived in a single day First, shorts were forced to buy. Then ETF investors chose to buy. That distinction matters. A short squeeze can launch a rally. But it can't sustain one forever. Now that BTC is pulling back from the highs, the market faces the real demand test: Can spot and institutional buyers keep absorbing supply once the forced buying disappears? That’s the contradiction. The strongest week since 2023 looks incredibly bullish on the chart… …but BTC is still far below its 2025 record above $126K, and a violent rally alone doesn't automatically confirm a new bull market. And here's another twist: Bitcoin wasn't the only asset running. Gold surged too. Maybe this wasn't simply a crypto rally. Maybe Bitcoin and gold were both reacting to the same story: liquidity, debt, inflation fears, and a weaker dollar. Square Insight: The squeeze got BTC moving. ETF demand must prove it can keep BTC moving. So what comes next: a healthy pullback before the next leg up — or proof that the rally was mostly forced buying? #Bitcoin #Crypto #ETF #Macro $BTC $IBIT.ETF $PAXG