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<ul>
 <li>The crypto market faces another brutal dip, is it another correction?</li>
 <li>A hedge fund manager believes this is caused by over shorting Bitcoin futures.</li>
 <li>This phenomenon will likely trigger a gamma squeeze towards a new Bitcoin ATH.</li>
</ul>
<p>As the crypto market faces another brutal dip, traders and analysts scramble to find the cause of the latest market dump. Many find this to be another unexpected correction, while one explains how hedge funds are the cause for this dip.&nbsp;</p>
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   <p lang="en" dir="ltr">James Lavish explains how hedge funds are shorting <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> and why this could lead to a gamma squeeze to $75K. <a href="https://t.co/23igFZlDbH" rel="noopener noreferrer nofollow">pic.twitter.com/23igFZlDbH</a></p>— The ₿itcoin Therapist (@TheBTCTherapist) <a href="https://twitter.com/TheBTCTherapist/status/1802861162758898030?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 18, 2024</a>
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<p>As we can see from the video above, <a href="https://substack.com/@jameslavish" target="_blank" rel="noopener noreferrer nofollow">James Lavish</a>, a reputed hedge fund manager, walks us through how hedge funds are shorting Bitcoin (BTC). He explains how the trade works, he says when futures are shorted 10% gains are made.</p>
<p>By taking this capital, users can buy Bitcoin meaning they are hedged. If Bitcoin goes up or down this doesn’t change their gains. However with Bitcoin ETFs one cannot borrow against it. Doing so will create debt as it creates paper dollars and not paper Bitcoins.&nbsp;</p>
<p>He says some hedge funds are over shorting the future and are taking in more perpetual interests and under buying the spot. Futures are being bought during the day and they are settling for Spots.&nbsp;</p>
<p>So the ones shorting the futures could get into a situation where a gamma squeeze can occur. Thus, a very <a href="https://cryptonewsland.com/bitcoin-price-chart-preps-for-crucial-73000-breakthrough-silver-tongued-analyst-advises-watch-over-ema50-line/" target="_blank" rel="noopener noreferrer nofollow">rapid blast towards a $75,000 Bitcoin</a> gamma squeeze could occur soon if the buying pressure explodes.&nbsp;</p>
<p>If this massive Bitcoin rally takes place, not only will <a href="https://bitcoin.org/en/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> set a new ATH, but altcoins will follow this rally as well. If altcoins follow suit, it will likely usher in the long awaited altseason as well.&nbsp;</p>
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   <p lang="en" dir="ltr">Altseason is inevitable, and all u need to make ur first million is:<br><br>• Learn to identify 'depression' and 'shakeout' stage (it's right now, and it's the best time to buy)<br>• 1 year of a bull run<br>• $1,000+<br><br>Here's how to find alts that will make 1000x <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/scFcfPB6jz" rel="noopener noreferrer nofollow">pic.twitter.com/scFcfPB6jz</a></p>— 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) <a href="https://twitter.com/nobrainflip/status/1802625686361849905?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 17, 2024</a>
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<p>Traders say <a href="https://cryptonewsland.com/altseason-in-days-ethereum-shows-a-key-trend-line-against-bitcoin-is-it-time-to-buy-altcoins/" target="_blank" rel="noopener noreferrer nofollow">altseason in inevitable</a> and based on the altcoin cycle in every bitcoin cycle, we are currently in the phase after hope which is the shakeout phase. This is where market makers try to shake out investors just before the arrival of the golden bull run.&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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 <li><a href="https://cryptonewsland.com/god-candle-loading-crypto-analysts-urge-investors-to-prepare-for-mighty-bitcoin-halving-impact/" rel="noopener noreferrer nofollow">God Candle Loading, Crypto Analysts Urge Investors to Prepare for Mighty Bitcoin Halving Impact</a></li>
 <li><a href="https://cryptonewsland.com/phishing-attack-leaves-nft-blogger-stunned-yet-resolute/" rel="noopener noreferrer nofollow">Phishing Attack Leaves NFT Blogger Stunned Yet Resolute</a></li>
 <li><a href="https://cryptonewsland.com/chainlink-link-and-ripples-xrp-charts-prepare-for-3x-price-surge-and-god-candle-price-action-for-this-bull-cycle/" rel="noopener noreferrer nofollow">Chainlink (LINK) and Ripple’s XRP Charts Prepare for 3X Price Surge and God Candle Price Action for This Bull Cycle</a></li>
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<p>The post <a href="https://cryptonewsland.com/golden-bull-run-start-trigger-revealed-god-spike-loading-for-75000-btc-price-altcoins-will-follow/" rel="noopener noreferrer nofollow">Golden Bull Run Start Trigger Revealed, God Spike Loading for $75,000 BTC Price, Altcoins Will Follow &nbsp;</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Golden Bull Run Start Trigger Revealed, God Spike Loading for $75,000 BTC Price, Altcoins Will Follow

Crypto News Land

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