#Bitcoin may be setting up for a massive short squeeze:

Currently, the gap between institutional longs and hedge fund shorts is at a record high.

While hedge funds hold nearly 15,000 in net short contracts, institutions hold nearly 20,000 in net longs.

This is likely why price… pic.twitter.com/afhpsmJXNE

— The Kobeissi Letter (@KobeissiLetter) March 26, 2024