Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.Bitcoin (BTC) bottomedFutures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.Bitcoin (BTC) bottomed

Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts

2026/02/23 01:05
1 min read

Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.

Bitcoin (BTC) bottomed after CME futures speculators turned net bullish in April 2025. A similar positioning shift is resurfacing in 2026, raising the odds of a BTC price recovery in the coming weeks.

Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts

Key takeaways:

Smart money reduced its bearish bets on Bitcoin in the past month.

Read more

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.