Bitcoin Smashes Through $50,000

Bitcoin's recent rally to $50,000 and its stability at this level are discussed, along with the absence of a major short squeeze. The increase in Bitcoin futures open interest and positive funding rate signal optimism for further growth. The impact of Bitcoin's value and the introduction of spot Bitcoin ETFs on the financial system is explored. Bitcoin accumulation by small wallets during the bear market, the upcoming halving event, and the absence of crypto presence at the Super Bowl are analyzed. The low probability of ETF issuer ads during the Super Bowl is discussed, while Bitcoin's presence at the event is mentioned.