📉 Bitcoin new multi-year low alert — August 2 📉 Bitcoin just tumbled to a new multi-year low of $58,000 but here is the contrarian signal: a short-squeeze setup is emerging when BTC hits extreme lows with high short interest. forced short covering can trigger violent upside moves the last time BTC was at this level — November 2025 — it bounced 40% in 30 days this time: CLARITY Act final vote window closes August 8. Jackson Hole speech on August 28 two potential catalysts in the next 26 days Coinbase CEO Brian Armstrong: "we believe we are at or near a bottom" quant fund analysis: rare on-chain signals aligning that have historically preceded major BTC recoveries $58K is either the worst time to sell or the best time to buy — pick your conviction #Bitcoin #BTC #MarketAlert
Morteza Yousefi | NFT ArtistShare
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