Bitcoin was stuck for months. Then the Treasury blinked.

Bitcoin closed above its 200-day moving average for the first time since the bear market began. Every previous time that line broke, the bear market was over. Scott Melker has been calling this bottom since February. Yesterday a record $3 billion of shorts were liquidated, the largest such event on record, and Bitcoin cleared $71,000. He breaks down the real sequence: Treasury blinking on long-dated bonds was the spark, built-up leverage was the gasoline, and Trump's White House crypto event arrived after the move, not before it. Plus a strategic Bitcoin reserve, X exploring stablecoin payouts, Ethereum's next upgrade, and Stripe buying OpenRouter for $7.8 billion. Timestamps 00:00 Bitcoin's best day since the bear market began 00:45 The bottom call Scott has been making since February 01:33 The supercut his team made of every call 03:06 A record $3 billion of shorts wiped out 04:06 The spark: Treasury blinked 05:16 The gasoline: leverage nobody was watching 06:13 Trump takes the stage 08:23 Hyperliquid, and a strategic Bitcoin reserve 09:07 Why regulators stopped waiting for Congress 10:18 X finally puts crypto in the conversation 11:47 Ethereum's upgrade, and the competition it answers 13:08 Stripe buys OpenRouter for $7.8 billion 14:12 What has to happen next #Bitcoin #Crypto #BTC #ShortSqueeze #Trump #Ethereum #Stablecoins #Stripe #DailyWolf #ScottMelker #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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