Bitcoin Rebounds Sharply - Is the Bear Market Over?In the latest episode of the WuBlockchain...

Bitcoin Rebounds Sharply - Is the Bear Market Over?In the latest episode of the WuBlockchain Podcast, frontier-tech investor didier and macro hedge fund portfolio manager Griffin Ardern discuss whether Bitcoin’s roughly 40% rebound from its late-June low marks the start of a new bull market. didier argues that Bitcoin’s move well above its 200-day moving average, light positioning and elevated short interest point to the early stages of a bull market, while Griffin believes the market remains in the later stages of a bear cycle and that a sustained bull market requires clearer signals from dollar liquidity, U.S. fiscal policy and the Treasury market.Both agree that the recent rally was partly driven by under-positioning, short covering and shifting expectations around U.S. fiscal credibility, but differ on the outlook for Treasury yields and liquidity. The episode also discusses Strategy’s balance sheet and whether capital could rotate from crowded AI trades into crypto.

Source: Wu Blockchain