Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts

CoinTelegraph
by Yashu Gola
February 22, 2026
AI-Generated Deep Dive Summary
Bitcoin's price could see a significant rebound, potentially reaching $85K, as indicators from CME futures markets suggest a shift in sentiment among "smart money" traders. Futures traders have recently reduced their bearish bets on Bitcoin, a move that historically preceded substantial rallies. For instance, in 2023 and 2025, similar shifts led to a 190% increase in BTC's price and a 70% rally respectively. These trends highlight the importance of monitoring CME futures market data, as net bullish positions among speculators often signal potential price recoveries. The article notes that Bitcoin reached its lowest point in April 2025 after CME futures speculators turned net bullish. A similar positioning shift is emerging in 2026, with futures traders cutting back on bearish bets. This indicates a possible recovery for Bitcoin in the near term, aligning with past market behaviors where such shifts preceded significant price increases. For crypto enthusiasts and investors, understanding these market dynamics is crucial. The CME's role as a key indicator of institutional sentiment underscores its importance in predicting price movements. By
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Originally published on CoinTelegraph on 2/22/2026