BTC Bullish Momentum – Short Squeeze & Institutional DemandBitcoin / U.S. dollarBITSTAMP:BTCUSDXAU_CAPITALBitcoin has broken out of a month-long consolidation, staging a strong “V-shaped” rebound from $62,900. Surpassing $66,000 triggered a clear Break of Market Structure (BMS), signaling renewed bullish momentum. After peaking at $70,072 on March 2nd, a minor pullback shows a liquidity sweep of prior highs, with a Higher Low forming near $67,000—setting the stage for the next leg up. Market Flow: March 1st’s massive short squeeze cleared over-leveraged bearish positions, allowing institutions to step in aggressively. Spot BTC ETFs saw $787.3M net inflows last week, while corporate holders like MicroStrategy continue strategic accumulation (720,000 BTC total). Macro Catalysts: Geopolitical tensions in the Middle East have spiked oil prices and rattled equities, yet Bitcoin shows seller exhaustion, reinforcing its “Digital Gold” status. The upcoming mining of the 20 millionth Bitcoin and positive U.S. PMI data highlight structural scarcity and macro tailwinds. Takeaway: Bitcoin is in a selective accumulation phase, supported by liquidity resets, institutional absorption, and macroeconomic catalysts—prime conditions for trend continuation.