BTC squeeze is starting... as Bitcoin has broken above the multi-month resistance (from the past 5-6 month short leverage attack)

The Bitcoin squeeze is starting- When BTC breaks back above resistance from Multi-month Short attacks, it always squeezes back to the Supply derived price (as buying pressure forces short leverage to unwind). The larger the short buildup (currently at an 11yr high), the larger the squeeze back up.

BTC movement has been (generally) independent of external factors (middle east, oil, interest rates, etc) .. and instead, similar to prior recent (post late 2023) patterns.. except this time short leverage went all in and is fully maxed out at an 11 year high. Now Longs have far more buying power, and the squeeze/rebound back up has begun.

The controling pattern: BTC always squeezes back to the Supply/ Demand Price, following multi month short leveraged attacks (short leveraged positions are artificial BTC selling- not actual BC being sold.. which reaches a max impact vs actual BTC.. There is a limit to how much leverage alone can drop price amidst Net BTC buying).

..Supply derived price is already over $140,000, even before momentum buying on the run back up

(reflecting the market value of over 180K net BTC bought since the October ATH around $125,000)