$BTC Price: ~$71,000–$72,000 (strong rally, up sharply over the last 1–2 days).
Drivers:
U.S. Treasury expanding long-term bond buybacks → more liquidity
Heavy short squeeze (~$1.3B+ liquidations)
Renewed ETF inflows + whale accumulation
Technical:
Testing the 200-day EMA (~$71,500–$71,700)
RSI overbought (~78)
Resistance: $72k → $75k
Support: $69k–$67k
Bias: Short-term momentum is bullish but extended. A clean daily close above the 200 EMA would favor continuation; rejection risks a pullback into the prior range.
#BTC #Binance #CryptoRally #BitcoinDunyamiz #bitcoin
Drivers:
U.S. Treasury expanding long-term bond buybacks → more liquidity
Heavy short squeeze (~$1.3B+ liquidations)
Renewed ETF inflows + whale accumulation
Technical:
Testing the 200-day EMA (~$71,500–$71,700)
RSI overbought (~78)
Resistance: $72k → $75k
Support: $69k–$67k
Bias: Short-term momentum is bullish but extended. A clean daily close above the 200 EMA would favor continuation; rejection risks a pullback into the prior range.
#BTC #Binance #CryptoRally #BitcoinDunyamiz #bitcoin