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Bitcoin’s Short Squeeze Just Shocked the Market! | Simply SatoSHE · Simply Bitcoin

• 0:00
  Everyone shorts are getting steamrolled as Bitcoin surges to
• 0:04
  73,000, but that's not stopping the bears from coming out.
• 0:08
  Recently, a Bloomberg strategist put out a note calling for
• 0:11
  Bitcoin to hit $10,000.10. A former Prime Minister of the
• 0:16
  United Kingdom wrote a newspaper column calling Bitcoin a giant
• 0:21
  Ponzi scheme so original. And the United States Senate
• 0:25
  voted 89 to 10 to ban the government's own digital money.
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  With oil still being volatile and over $90.00 a barrel, the
• 0:34
  NASDAQ flat, and gold not doing anything, people are still
• 0:39
  wondering when is the right time to buy.
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  Today I'm going to show you the setup that this is happening
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  right now and why now may be the best time to buy Bitcoin.
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  Let's go. It's Satoshi time.
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  Welcome back to simply Bitcoin Satoshi.
• 0:56
  I'm Sophie. Let's get into it.
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  Bitcoin is at a one month high, up 11% since the Iran conflict
• 1:03
  kicked off around February 27th. NASDAQ flat over the same
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  stretch. Gold sideways, but Bitcoin ran
• 1:11
  and here's the setup underneath that number.
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  Vetelund at K 33. Research flagged it funding
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  rates on Bitcoin perpetual futures had been negative for 14
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  consecutive days, the longest negative funding streak since
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  December 2022. That means everyone was short
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  traders were positioned for Bitcoin to go down.
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  Open interest just surged 9% to 700,000 Bitcoin.
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  That's a short squeeze. The people betting against
• 1:41
  Bitcoin are getting crushed out. Fear and greed was at 15.
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  Extreme fear. Retail was selling.
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  Polymarket had a 62% odds on Bitcoin going below 50,000 and
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  Bitcoin 73,800. Sound familiar?
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  They bet against it every time. Every single one.
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  Larry Fink put it about as well as anyone did last December.
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  You know, we're in a world now where democracies around the
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  world are trying to figure out how to curb deficit spending.
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  And, you know, Bitcoin is kind of this new digital gold.
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  People are going through it in times of uncertainty, and so
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  it's tough for them to contemplate a world that is more
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  decentralized and running on the.
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  Internet, the head of the world's largest asset manager 13
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  1/2 trillion dollars calling Bitcoin the new digital gold in
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  front of the New York Times in December. 3 months later, the
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  bears are calling for 10,000. Meanwhile, institutions put $1.7
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  billion back in since February 24th.
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  I don't think you guys understand what a big deal that
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  is. OK, I have to talk about this
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  one. Bloomberg Intelligence senior
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  strategist Mike Mcglone published a note this week his
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  thesis, Bitcoin is in a prolonged macro driven unwind.
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  What does that mean? His price target below $10,000.
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  His advice? It's a bear market sell rallies
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  10,000. Bitcoin is at 73,800, and this
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  man is saying 10,000. It's like he's trying to give me
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  a heart attack. That would be an 86% crash from
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  here. You know, they say hauling's not
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  for the weak, but I'm not that strong and you don't have to be.
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  Mcglone has been saying this while Bitcoin went from 20,000
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  to 60 to 73,000. The people who took his advice
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  in 2023 missed the rally in 2024, they missed the halving
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  pump and now he's at it again. Might as well be the new
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  reverse. Kramer Quantum Economics CEO
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  Maddie Greenspan said getting to 10,000 would require.
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  And I'm directly quoting here a global liquidity crisis, a
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  nuclear war, and the Internet to stop working all three at once.
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  So thank you, Mike. Genuinely, every single time
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  someone publishes a $10,000 price target, the smart money
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  buys another trench. Yeah.
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  I think that the four year cycles are based on the Bitcoin
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  halving and the Bitcoin halving was really important for the 1st
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  12 years of the asset because we were cutting that.
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  The amount of Bitcoin that was being cut from the supply was
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  very material relevant relative to the demand in the market.
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  But right now you're seeing days when Bitcoin trades 50 billion
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  or $100 billion in a single day. The total amount of the halving
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  and the next halving is going to be 225 bitcoins.
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  So 225 Bitcoin times even 100,000 of coins 20, it's $20
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  million a day is the impact of the halving.
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  And so $20 million isn't the first order impact on a $50
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  billion a day liquidity. It's not even a second order
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  impact. The cycle argument, the one
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  underpinning Mcglone's $10,000 call, just got explained to
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  death by the guy who understands Bitcoin better than anyone
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  alive, having used to matter because supply was the dominant
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  variable. It's not anymore, though.
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  Institutional demand dwarfs it. Everyone breathe from
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  mid-october through late February four months, there was
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  $9 billion in Bitcoin ETF outflows 9 billion extreme fear
• 5:23
  everywhere. But then $1.7 billion flowed
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  back in. Since February 24th, 3 weeks,
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  Blackrock's IB, it is net positive for the year $300
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  million, despite Bitcoin being down 16% year to date when they
• 5:39
  were buying. James Safar at Bloomberg
• 5:42
  Intelligence says investors are likely feeling a bit more
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  comfortable that we have hit at least a near term bottom.
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  They weren't selling. They were buying while you were
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  panicking. The people managing real money
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  were repositioning. That's the story of every dip,
• 5:59
  every single one. And look, BlackRock, IB, IT,
• 6:04
  pension funds, big allocators, they're all buying Bitcoin ETFs,
• 6:08
  Someone else holds their Bitcoin for them, that's fine.
• 6:12
  But for you, you should hold your own keys.
• 6:15
  That's where the Bitcoin way comes in.
• 6:17
  Your personal Bitcoin IT team, self custody training,
• 6:21
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• 6:28
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• 6:31
  consultation at the bitcoinway.com/simply.
• 6:35
  Tell them Satoshi sent you. I have to give credit where
• 6:38
  credit's due. Boris Johnson, former Prime
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  Minister of the United Kingdom, man of many words, a lot of
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  hair, sat down this week and wrote a newspaper column calling
• 6:49
  Bitcoin a giant Ponzi scheme. His evidence?
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  A retired man from his village lost 20,000 lbs in a crypto
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  scam. God, this is the most boomer
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  thing I've ever read. First of all, Boris, that man's
• 7:03
  neighbor, got scammed by a scammer, not Bitcoin.
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  That's not the same thing, that's fraud.
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  They're different. So naturally, Sailor fired back
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  immediately on X. He posted.
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  Bitcoin has no issue, no promoter and no guarantee
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  return. Just an open, decentralized
• 7:22
  monetary network driven by code and market demand.
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  Bitmex research kept it even simpler.
• 7:27
  Nobody is in charge. Community notes added context
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  directly to Boris's post about bitcoins fixed supply and open
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  source code. The man who built the world's
• 7:37
  largest corporate Bitcoin position just schooled the guy
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  who couldn't figure out his own Brexit deal.
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  Boris Johnson writing a confused newspaper column about Bitcoin
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  in 2026 is the 2026 version of Jamie Dimon calling it a fraud
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  in 2017 while JP Morgan was secretly buying.
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  This is the last stage before 1 typically starts buying.
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  So we'll see you on the other side, Boris.
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  Now, this one, this one is big and it did not get the coverage
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  that it deserved. the United States Senate voted 89 to 10 to
• 8:14
  ban the Federal Reserve from issuing a central bank digital
• 8:18
  currency through 20/30/89 to 10. That is not a close vote.
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  That is a statement. The bill language is specific.
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  The Fed cannot create digital dollars directly or indirectly
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  through a financial institution or other intermediary.
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  No workarounds. No proxies closed before the
• 8:39
  vote. Here's what Senator Lummis said
• 8:41
  about why ACBDC in your pocket would be one of the most
• 8:46
  dangerous things that a government could do.
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  What I haven't figured out is how if you do a central bank
• 8:52
  digital currency that is directly from the Fed to the
• 8:57
  retail customer, the you and me, how do you keep it private?
• 9:05
  I don't know the answer. And I think until we're
• 9:09
  comfortable that we can answer that, that we need to be very
• 9:18
  circumspect about creating a central bank digital currency
• 9:23
  that is marketed to the retail customer or if it is, we need to
• 9:28
  be able to tell the retail customer warning, this is not
• 9:33
  private. He said that in 2021 and the
• 9:36
  Senate just voted it into law in 202689 senators, both parties in
• 9:41
  a Congress that can barely agree on lunch voted the same way on
• 9:46
  this. The American people through
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  their senators just said we do not want money that the
• 9:51
  government can surveil, freeze or program 89.
• 9:55
  That's not a party line vote. That is a mandate.
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  So regulate that. And while the Senate was saying
• 10:02
  saying no to government money, Kraken quietly received the
• 10:06
  first Federal Reserve master account ever granted to a crypto
• 10:09
  firm. The wall is coming down from
• 10:12
  both directions at once And if you're watching this all unfold
• 10:16
  and thinking, OK, I need to stack, here's the easiest way to
• 10:19
  do it right Bitcoin well, is the self custody Bitcoin on ramp You
• 10:24
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• 10:27
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• 10:30
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• 10:35
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• 10:37
  bitcoinwell.com/simply BTC. Through our link, you get three
• 10:41
  chances to win a million sats. That's 0.01 Bitcoin, not
• 10:46
  nothing. So sign up at
• 10:47
  bitcoinwell.com/simply BTC. On March 11th, the SEC and CFTC
• 10:54
  signed a Memorandum of Understanding, officially ending
• 10:57
  decades of turf wars over who regulates what in crypto.
• 11:01
  These two agents have been fighting over jurisdiction since
• 11:04
  Bitcoin was in the single digits.
• 11:07
  Different rules, different definitions, different
• 11:09
  enforcement priorities. Crypto companies were trying to
• 11:13
  navigate 2 sets of conflicting signals from 2 regulators at
• 11:17
  once. That's done real time data
• 11:20
  sharing, joint meetings with regulated firms, coordinated
• 11:23
  enforcement and the key line aligned regulatory definitions
• 11:28
  for crypto assets. SEC Chair Paul Atkins said the
• 11:32
  the goal is to deliver clarity. Market participants deserve
• 11:36
  clarity. You know how long we've been
• 11:38
  waiting for that word from a sitting SEC chair?
• 11:41
  The last one used it like something that he was
• 11:44
  withholding on purpose. This one said it like it was the
• 11:47
  goal because it is for every institution.
• 11:51
  That said, we can't touch Bitcoin until the regulatory
• 11:54
  picture is clear. The picture just got clear.
• 11:58
  Let me close with something that flew under the radar this week.
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  Tether, the company behind USCT, the world's most used Sablecoin,
• 12:06
  just invested in a company called Ark Labs.
• 12:09
  Ark Labs builds programmable infrastructure that lets
• 12:12
  stablecoins and payment apps run natively on Bitcoin.
• 12:16
  Not Ethereum, not on Tron, on Bitcoin.
• 12:20
  Tether CEO Paulo Arduino says stablecoins were born on
• 12:25
  Bitcoin, and expanding access on the Bitcoin network network
• 12:28
  remains a priority for US. USDT $140 billion in stable coin
• 12:35
  liquidity coming home to the base layer.
• 12:38
  Right now, most stable coin activity runs on Ethereum or
• 12:42
  Tron, and Arc Labs is building the rails.
• 12:45
  Tether just back them. When the world's most used
• 12:49
  dollar substitute settles on the world's hardest money, you don't
• 12:53
  want to be on the sidelines. That's not nothing.
• 12:56
  If you want to be in the rooms where the next chapter of
• 12:59
  Bitcoin actually gets written, Mining Disrupt is where that
• 13:03
  happens. The world's largest Bitcoin
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• 13:21
  Do not sleep on this. Here's what I want you to walk
• 13:24
  away with today. A Bloomberg strategist said
• 13:26
  $10,000 Bitcoin is at 73,800. The bear is wrong.
• 13:32
  A former Prime Minister of a major nation called it a Ponzi
• 13:36
  scheme. Saylor corrected him in one
• 13:38
  paragraph. The politicians are confused.
• 13:41
  They're boomers. Go figure.
• 13:43
  The Senate voted 89 to 10 to protect your right to transact
• 13:48
  money. The government can't surveil,
• 13:50
  freeze or program. And the people managing the most
• 13:53
  money on earth, Larry Fink, BlackRock, the big allocators
• 13:57
  bought $1.7 billion worth of Bitcoin while retail was
• 14:02
  panicking. They all tried, they all lost.
• 14:05
  Bitcoin is up 11% since the war started.
• 14:08
  Back to a one month high USDT coming to the base layer and the
• 14:13
  Senate just gave the surveillance coin an 89 to 10.
• 14:17
  No, that's not a debate, that's a route.
• 14:21
  Thanks for watching Simply Bitcoin Satoshi.
• 14:24
  Don't forget to smash the like button and share the show with
• 14:26
  your friends. Drop a comment below.
• 14:28
  I read all of them. Follow me on X at Internet
• 14:31
  Sophie. And as always, stack, slay and
• 14:34
  stay bullish, baby.