Bitcoin’s rally pushes past $72,000 as analysts see demand beyond historic short squeeze

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Bitcoin’s rally pushes past $72,000 as analysts see demand beyond historic short squeeze

60-second summary

Analysts say the move is supported by spot and ETF demand, though BTC will need to hold above $70k to show the rally can outlast the squeeze.

Analysts say the move is supported by spot and ETF demand, though BTC will need to hold above $70k to show the rally can outlast the squeeze.