Wintermute Warns Bitcoin Rally Looking Like a Short Squeeze, Not a Proper Breakout

Market maker Wintermute says traders may want to reconsider what kind of rally they are actually looking at with bitcoin. The firm warns BTCs move has more of the feel of a squeeze than the start of a clean, conviction-led breakout. Wintermute Says BTCs Latest Pop Looks Driven by Forced Positioning, Not Strong Spot Demand []