• Bitcoin price may rebound to $85K as CME ‘smart money’ slashes shorts Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023. • Cointelegraph in your social feed Bitcoin (BTC) bottomed after CME futures speculators turned net bullish in April 2025. • A similar positioning shift is resurfacing in 2026, raising the odds of a BTC price recovery in the coming weeks. • Key takeaways: Smart money reduced its bearish bets on Bitcoin in the past month. • Smart money reduced its bearish bets on Bitcoin in the past month. • Such a sentimental shift preceded a 70% BTC price rally in 2025 and 190% price gain in 2023.
Article Summaries:
- Bitcoin futures data show a sharp shift from net short to net long positions by large speculators, with non‑commercial traders cutting their net short exposure to about -1,600 contracts from +1,000 a month earlier. This “smart‑money” unwind mirrors past moves that preceded significant price rallies, suggesting a potential rebound toward the 200‑week exponential moving average (≈$68,350) and a target near $85,000 by April. Technical indicators-oversold RSI and a bullish 200‑week EMA-support this view, though analysts warn the shift is a condition, not a guarantee, and a further slide could still occur.
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