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Bitcoins latest rally may be fuelled by smart money using the same mechanism that leads to short squeezes. Summary Smart money is now betting on Bitcoin, experts sayBitcoin could soon reach $123–127K, according to an analystFed rate cuts, ETF inflows contribute to bullish momentum Bitcoin (BTC) is up once again, and major players may be behind it. After a week of sideways movement, BTC once again reclaimed the $115,000 level, which restored short-term bullish sentim