es el debate actual, este artículo tiene buenos argumentos y resume lo sucedido.
Bull vs. Bear: Can This Sustain?
Bull case: The regulatory tailwind is real and multi-layered — White House support, SEC framework, and legislative momentum converging simultaneously. The short squeeze has cleared out bearish positioning, leaving less overhead resistance. Crypto-linked stocks rose in sympathy: Coinbase (COIN) +7.6%, MicroStrategy +7.8%. When the ecosystem rallies together, it signals broad conviction, not just a single-asset move.
Bear case: Bitcoin is down 37.35% year-over-year and 18.22% YTD — this move is recovering ground, not breaking new territory. Daily RSI at 78.3 is in deep overbought territory where reversals can develop. The CLARITY Act has reportedly stalled amid congressional calendar conflicts and concern over lawmaker crypto holdings. A squeeze-driven spike without follow-through buying often gives back gains within days.
link:https://www.investing.com/news/stock-market-news/bitcoin-rallies-above-71k-after-white-house-talks-is-a-new-bull-run-starting-93CH-4869641