Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts
Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.
Bitcoin (BTC) bottomed after CME futures speculators turned net bullish in April 2025. A similar positioning shift is resurfacing in 2026, raising the odds of a BTC price recovery in the coming weeks.
Key takeaways:
Smart money reduced its bearish bets on Bitcoin in the past month.
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