Wall Street’s Bitcoin bears quietly retreated despite recent plunge toward $80,000
· regulatory · Sentiment: bullish
Wall Street’s bearish positioning in Bitcoin has eased even as prices recently fell toward $80,000, suggesting some investors reduced short bets rather than doubling down on the decline. The retreat points to fading conviction in a deeper selloff, but does not by itself confirm that the market has bottomed. Bitcoin remains vulnerable to volatility as traders reassess whether the pullback is temporary or the start of a broader downturn.