Bitcoin just had an absolute monster week. 🚀
$BTC ripped from around $62K to nearly $79K, marking its strongest weekly performance since March 2023.
Right now, $BTC is trading near $77K after touching a 24H high around $78.8K. Zooming out, the move looks even crazier — from roughly $57.8K to an $82.8K peak before pulling back and holding the high-$70Ks.
What’s behind the move? 👀
🇺🇸 US Treasury bond buybacks
📉 Falling yields
💵 A weaker dollar
🏛️ Renewed momentum around crypto legislation
🟢 Sentiment shifting rapidly from Fear to Greed
The small -0.84% daily move? After a rally this strong, BTC might simply be taking a breather.
So what do you think — continuation from here, or time to take some profits? 👇
#Bitcoin❗ #BTC #Crypto #CryptoRallyp
$BTC ripped from around $62K to nearly $79K, marking its strongest weekly performance since March 2023.
Right now, $BTC is trading near $77K after touching a 24H high around $78.8K. Zooming out, the move looks even crazier — from roughly $57.8K to an $82.8K peak before pulling back and holding the high-$70Ks.
What’s behind the move? 👀
🇺🇸 US Treasury bond buybacks
📉 Falling yields
💵 A weaker dollar
🏛️ Renewed momentum around crypto legislation
🟢 Sentiment shifting rapidly from Fear to Greed
The small -0.84% daily move? After a rally this strong, BTC might simply be taking a breather.
So what do you think — continuation from here, or time to take some profits? 👇
#Bitcoin❗ #BTC #Crypto #CryptoRallyp