thecryptoboss

#BitcoinRises23.6%Weekly
🚨 BITCOIN JUST HAD A 23.6% WEEK — NOW WHAT? 🔥

BTC ripped from roughly $62K → $79.5K, marking one of its strongest weekly moves in years. But after a rally this aggressive, the next move matters more than the last one. 👀

🍋 WHAT FUELED THE PUMP?

🏦 ETF Demand: Spot Bitcoin ETFs saw around $1.9B in weekly inflows, signaling strong institutional appetite.

🇺🇸 Treasury Catalyst: U.S. Treasury buybacks reportedly increased from $2B → $4B, helping push long-term yields lower.

⚡ Short Squeeze: Roughly $2.7B–$3.5B in short positions were liquidated, adding extra fuel to the breakout.

⚠️ BUT HERE’S THE CATCH

Daily RSI climbed above 82, showing extremely strong momentum — but also an overheated market.

🎯 Key Zone: $77K–$79.5K
🔥 Breakout Confirmation: A weekly close above roughly $81.8K could strengthen the bullish case.

📅 Watch next: Jackson Hole • Core PCE • Nvidia earnings • Geopolitics & oil

💥 THE REAL QUESTION:

Is BTC starting its next major leg higher…

or does the market need a pullback before the next breakout? 👀

#TheCryptoBoss #BTC #crypto #Investing $BTC $ETH $SOL