$BTC just ripped +$10k in a single move.
Two catalysts:
• Crude oil dumped 5% → risk-on rotation into crypto
• Massive short squeeze → overleveraged bears got liquidated
This wasn't organic buying. This was forced covering + macro tailwinds aligning.
If oil keeps bleeding and shorts stay cautious, we could see continuation. But watch for resistance zones — this kind of move usually needs consolidation before the next leg.
Two catalysts:
• Crude oil dumped 5% → risk-on rotation into crypto
• Massive short squeeze → overleveraged bears got liquidated
This wasn't organic buying. This was forced covering + macro tailwinds aligning.
If oil keeps bleeding and shorts stay cautious, we could see continuation. But watch for resistance zones — this kind of move usually needs consolidation before the next leg.