BTC continues to surge upward, with ETFs steadily flowing in—this move is just so smooth. Let’s see if the $82k pressure level can break through $BTC
On the weekly chart, a massive bullish candle with enormous volume has appeared, signaling that Bitcoin is set to enter a strong upward rally, potentially surging straight to $80,000.
BTC weekly moved from $62,800 all the way to around $74,800 in one shot, with the weekly gain nearly 19%, and trading volume suddenly exploded.
Today, BTC broke out of the prior six-week consolidation range, accompanied by liquidations of more than $300 million in shorts.
Going forward, Bitcoin needs to effectively break through $82K—not a quick intraday touch and then retreat, but a weekly breakout, ideally with continued high trading volume.
Once it breaks, it will go directly to $92K–$96K, likely around October.
On the weekly chart, a massive bullish candle with enormous volume has appeared, signaling that Bitcoin is set to enter a strong upward rally, potentially surging straight to $80,000.
BTC weekly moved from $62,800 all the way to around $74,800 in one shot, with the weekly gain nearly 19%, and trading volume suddenly exploded.
Today, BTC broke out of the prior six-week consolidation range, accompanied by liquidations of more than $300 million in shorts.
Going forward, Bitcoin needs to effectively break through $82K—not a quick intraday touch and then retreat, but a weekly breakout, ideally with continued high trading volume.
Once it breaks, it will go directly to $92K–$96K, likely around October.
