BTC Reclaims $80K After 100 Days: Bull Run or Final Dance?

This move is less about a single catalyst than the convergence of policy tailwinds and positioning: regulatory easing, Treasury buyback expansion and ETF inflows are all pushing in the same direction, which is why the bounce has broadened beyond Bitcoin into ETH and altcoins. The short-squeeze caveat matters, though — when a rally leans on forced buying rather than fresh conviction, it tends to be sharper and less durable. The open question is whether ETF demand keeps absorbing supply once the squeeze exhausts; the wide gap between the bull and bear targets suggests the market itself has no settled view.