#cryptorally
The post by anndylian analyzes Bitcoin's recent rally
, questioning if it can break the $71,600 Fibonacci resistance or if the extreme 92.17 RSI will trigger a sharp pullback after a 7.26% daily gain to $69,350.
It credits the surge to Trump's August 19
crypto
summit signaling federal Bitcoin buys and regulatory clarity via the Crypto Clarity Act, alongside U.S. Treasury doubling bond buybacks and a $1.38B Bitcoin short squeeze.
The thread highlights strong institutional inflows, Ethereum's 17% jump, 91% crypto-gold correlation as a debasement hedge, and upcoming Fed minutes as the next key catalyst for market direction.
$BOME
$HYPE
$MET
The post by anndylian analyzes Bitcoin's recent rally
, questioning if it can break the $71,600 Fibonacci resistance or if the extreme 92.17 RSI will trigger a sharp pullback after a 7.26% daily gain to $69,350.
It credits the surge to Trump's August 19
crypto
summit signaling federal Bitcoin buys and regulatory clarity via the Crypto Clarity Act, alongside U.S. Treasury doubling bond buybacks and a $1.38B Bitcoin short squeeze.
The thread highlights strong institutional inflows, Ethereum's 17% jump, 91% crypto-gold correlation as a debasement hedge, and upcoming Fed minutes as the next key catalyst for market direction.
$BOME
$HYPE
$MET