Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% surge in 2023.
Bitcoin isn’t acting like “digital gold,” but adoption trends—from ETFs to RWAs—still point to a constructive 2026 outlook.
Bloomberg’s Mike McGlone says Bitcoin could gravitate back toward $10,000 if global liquidity tightens, but ETF and corporate buying may make a deeper drop far harder in 2026.
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