Crypto Live News

Golden Bull Run Start Trigger Revealed, God Spike Loading for $75,000 BTC Price, Altcoins Will Follow

  • The crypto market faces another brutal dip, is it another correction?
  • A hedge fund manager believes this is caused by over shorting Bitcoin futures.
  • This phenomenon will likely trigger a gamma squeeze towards a new Bitcoin ATH.

As the crypto market faces another brutal dip, traders and analysts scramble to find the cause of the latest market dump. Many find this to be another unexpected correction, while one explains how hedge funds are the cause for this dip. 

Read CRYPTONEWSLAND on google news

As we can see from the video above, James Lavish, a reputed hedge fund manager, walks us through how hedge funds are shorting Bitcoin (BTC). He explains how the trade works, he says when futures are shorted 10% gains are made.

By taking this capital, users can buy Bitcoin meaning they are hedged. If Bitcoin goes up or down this doesn’t change their gains. However with Bitcoin ETFs one cannot borrow against it. Doing so will create debt as it creates paper dollars and not paper Bitcoins. 

He says some hedge funds are over shorting the future and are taking in more perpetual interests and under buying the spot. Futures are being bought during the day and they are settling for Spots. 

So the ones shorting the futures could get into a situation where a gamma squeeze can occur. Thus, a very rapid blast towards a $75,000 Bitcoin gamma squeeze could occur soon if the buying pressure explodes. 

If this massive Bitcoin rally takes place, not only will Bitcoin (BTC) set a new ATH, but altcoins will follow this rally as well. If altcoins follow suit, it will likely usher in the long awaited altseason as well. 

Traders say altseason in inevitable and based on the altcoin cycle in every bitcoin cycle, we are currently in the phase after hope which is the shakeout phase. This is where market makers try to shake out investors just before the arrival of the golden bull run. 

Read Also

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

Recent Posts

MoonBag Referrals Redefine Winning Crypto World- Should Book of Meme and Notcoin Take Notes?

Find out why #MoonBagReferrals make the presale a win-win as #BOME and #NOT fade into…

53 mins ago

Which Altcoin Is Best to Invest in for 2024? Polygon, Litecoin, or BlockDAG, Which Raised $54.9M in Presale?

Evaluate investment potential in #Polygon, #Litecoin, or #BlockDAG. Learn which could lead your portfolio to…

1 hour ago

GameStop Trader Keith Gill Faces Class-Action Lawsuit Over Social Media Posts

Experts predict that #KeithGill's case regarding the alleged #GameStop "pump and dump" plan may not…

3 hours ago

Which Crypto to Buy in 2024? Analysts Pick BlockDAG for 30,000x Amid Dip in Stellar and Polygon Prices

Compare #Polygonprice prediction, #Stellar Web3 development, and #BlockDAG. #BlockDAGpresale success and advanced technology make it…

3 hours ago

MoonBag Revels as the Best Crypto Presale in 2024 as Gala and Sei Lose Investors

MoonBag’s presale is fast becoming the #bestcryptopresale in 2024 as analysts predict major growth, while…

4 hours ago

Solana ETF Could Come Next From BlackRock, Could This Trigger a New SOL ATH?

BlackRock may soon join 21Shares and VanEck by filing for ETFs on Solana, suggesting interest…

4 hours ago