$BTC brothers, today the big cake (BTC) went straight to the moon! In 24 hours it surged more than 8%, strongly broke through the 69,000 level, and even tapped as high as 70,450!
This rally is mainly driven by policy tailwinds triggered by Trump’s series of favorable moves. It even hinted that the U.S. plans to massively stockpile Bitcoin, plus the ETF saw a frenzy of buying over three days totaling $650 million. Sentiment was instantly pushed to the max—directly wiping out the shorts!
On the daily timeframe, the RSI indicator is already severely overbought, surging above 90. Combined with the looming macro cloud of the Fed’s FOMC meeting and potential rate hikes, a short-term technical pullback could come at any moment.
The above is purely my personal view, for reference only!
#比特币时隔三月重返6.9万美元
This rally is mainly driven by policy tailwinds triggered by Trump’s series of favorable moves. It even hinted that the U.S. plans to massively stockpile Bitcoin, plus the ETF saw a frenzy of buying over three days totaling $650 million. Sentiment was instantly pushed to the max—directly wiping out the shorts!
On the daily timeframe, the RSI indicator is already severely overbought, surging above 90. Combined with the looming macro cloud of the Fed’s FOMC meeting and potential rate hikes, a short-term technical pullback could come at any moment.
The above is purely my personal view, for reference only!
#比特币时隔三月重返6.9万美元