Bitcoin Smashed Through $72K — Here’s Why You Shouldn’t Get Too Excited

A record $3 billion short squeeze, a White House press conference, and zero technical confirmation. We break down what actually moved this market — and why our cycle thesis hasn’t changed.

Hello investors,

Bitcoin finally broke above $72,000 after months of grinding sideways between $60,000 and $64,000. Bravo! That was a strong move, and I’m not going to pretend it doesn’t look impressive on a chart.

But before you get excited, I want to walk you through exactly what happened, why it happened, and why — as long-term, cycle-based investors — this single move hasn’t changed our positioning at all.

Let’s start with…