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‘Altitude sickness can wait’: Bitcoin’s historic short squeeze, Bessent catalyst may signal bull-market reset, analysts say

Bitwise CIO Matt Hougan said Treasury Secretary Scott Bessent's recent actions provide an additional macro catalyst.

James Hunt

Publisher The Block

Aug 26, 2026 at 11:47 AM UTC · 1 dk okuma

‘Altitude sickness can wait’: Bitcoin’s historic short squeeze, Bessent catalyst may signal bull-market reset, analysts say
Image via The Block

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Bitwise CIO Matt Hougan said Treasury Secretary Scott Bessent's recent actions provide an additional macro catalyst.

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