Charles Schwab says Bitcoin short squeeze is over as leverage resets and Fed stays hawkish

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Charles Schwab analysts conclude the recent Bitcoin short squeeze has ended as market leverage has largely reset. With the Federal Reserve maintaining a hawkish stance, risk-on flows have diminished and the catalysts for a renewed squeeze are limited. As a result, Bitcoin is likely to enter a period of consolidation with reduced volatility and constrained upside, while sustained hawkish policy raises downside risk absent renewed demand or easing monetary conditions.

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