đ Bitcoin is moving FAST!
BTC just ripped from around $62K to nearly $79K, marking its strongest week since March 2023. It even touched $78,828 in the last 24 hours.
Zooming out makes the move even crazier: BTC dropped near $57.8K, surged all the way to around $82.85K, and then pulled back into the high-$70Ks.
So, whatâs behind the rally? đ
đ Falling yields
đ” A weaker dollar
đŠ Bigger U.S. Treasury bond buybacks
đïž Fresh momentum around crypto legislation
đ Market sentiment flipping from Fear to Greed
The -0.84% daily move doesnât look too concerning after such a strong run. BTC may simply be taking a breather.
đ„ Is the next breakout coming, or is it time to lock in some profits?
#bitcoin #BTC #CryptoRally #trading #Binance
$BTC
BTC just ripped from around $62K to nearly $79K, marking its strongest week since March 2023. It even touched $78,828 in the last 24 hours.
Zooming out makes the move even crazier: BTC dropped near $57.8K, surged all the way to around $82.85K, and then pulled back into the high-$70Ks.
So, whatâs behind the rally? đ
đ Falling yields
đ” A weaker dollar
đŠ Bigger U.S. Treasury bond buybacks
đïž Fresh momentum around crypto legislation
đ Market sentiment flipping from Fear to Greed
The -0.84% daily move doesnât look too concerning after such a strong run. BTC may simply be taking a breather.
đ„ Is the next breakout coming, or is it time to lock in some profits?
#bitcoin #BTC #CryptoRally #trading #Binance
$BTC