Simply Bitcoin RECORD $1.1B Bitcoin Short SQUEEZE (What's Next?) | EP 1286
Jul 11, 2025
Leonard Cito, CTO of Byte Federal and advocate for Bitcoin as a currency, shares his insights on the recent $1.1 billion short squeeze and its impact on the Bitcoin market. He discusses the contrasting behaviors of institutional versus retail investors and highlights the psychological factors influencing market sentiment. Cito also critiques Bitcoin's classification as property for taxation, promoting self-custody solutions. He emphasizes Bitcoin's potential as a decentralized alternative in a world facing increasing government control over currencies.
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Record Bitcoin Short Squeeze
- A record $1.1 billion in Bitcoin shorts was liquidated, pushing Bitcoin to $118K.
- This large short squeeze may mark the start of a parabolic bull run, with retail investors still largely absent.
Bull Run's Early Phase
- Bitcoin's price is reaching all-time highs despite retail investors being largely inactive.
- The lack of euphoria suggests the bull run is in early phases, indicating more growth potential.
Institutions Driving Bitcoin Rise
- Institutional buying is driving Bitcoin's recent price surge, not retail hype.
- Institutions use strategic buying to avoid running up spot prices, indicating smart money accumulation.
