This week in Bitcoin, they straight-up shot the air force so they started doubting their own lives!
#比特币创2023年3月来最佳周表现
If nothing major and crazy happens by the weekend, then $BTC this week basically can be recorded as the most notable market performance from the past three years.
It rallied all the way from the start of the week to nearly $80,000, with the highest intraday gain in the week reaching close to 23%. You know, not long ago the market was still debating whether $60,000 would hold—and now the vibe is: when will $80,000 break?
For this rally, I think the most worth watching thing isn’t “how much it rose,” but how fast the market sentiment has changed.
A few weeks ago, everyone was still afraid of more downside, with capital being cautious and tight-lipped; even altcoins—nobody dared touch them. But this week, U.S. policy expectations turned warmer, liquidity expectations heated up, ETF inflows returned, and on top of that, a large number of shorts were forced to cover—those factors together lit the fuse. BTC went from “nobody dares to chase” to “afraid we’ll miss the train.”
This is the most familiar script in crypto land:
When it’s above $60k, people think it’s too expensive and fear the drop;
When it’s above $70k, people start researching;
When it finally pushes toward $80k, people start asking whether they can still get on board.
More interestingly, this time it’s not just BTC rising. $ETH 、$XRP 、#SOL and plenty of other altcoins have also started recovering noticeably, and risk appetite among investors is being lifted again.
But I actually think the most dangerous thing right now isn’t going bearish—it’s this: after consecutive big gains, people get carried away and start thinking the bull market is completely back.
#BTC this week was indeed ferocious, but there’s still a considerable distance from the all-time highs. What’s truly worth watching is whether $80,000 can hold, whether ETF capital can keep flowing in consistently, and whether after BTC rallies, the funds will genuinely spread out to #ETH and #山寨 .
If all three signals show up at the same time, then this week might not just be a one-off “violent rebound.”
It could be where the next leg of the market really starts to accelerate.
So now I just want to ask one thing:
Did you end up buying all the way when it was above $60k, or did you only react when it was above $70k? 😂
#比特币创2023年3月来最佳周表现
If nothing major and crazy happens by the weekend, then $BTC this week basically can be recorded as the most notable market performance from the past three years.
It rallied all the way from the start of the week to nearly $80,000, with the highest intraday gain in the week reaching close to 23%. You know, not long ago the market was still debating whether $60,000 would hold—and now the vibe is: when will $80,000 break?
For this rally, I think the most worth watching thing isn’t “how much it rose,” but how fast the market sentiment has changed.
A few weeks ago, everyone was still afraid of more downside, with capital being cautious and tight-lipped; even altcoins—nobody dared touch them. But this week, U.S. policy expectations turned warmer, liquidity expectations heated up, ETF inflows returned, and on top of that, a large number of shorts were forced to cover—those factors together lit the fuse. BTC went from “nobody dares to chase” to “afraid we’ll miss the train.”
This is the most familiar script in crypto land:
When it’s above $60k, people think it’s too expensive and fear the drop;
When it’s above $70k, people start researching;
When it finally pushes toward $80k, people start asking whether they can still get on board.
More interestingly, this time it’s not just BTC rising. $ETH 、$XRP 、#SOL and plenty of other altcoins have also started recovering noticeably, and risk appetite among investors is being lifted again.
But I actually think the most dangerous thing right now isn’t going bearish—it’s this: after consecutive big gains, people get carried away and start thinking the bull market is completely back.
#BTC this week was indeed ferocious, but there’s still a considerable distance from the all-time highs. What’s truly worth watching is whether $80,000 can hold, whether ETF capital can keep flowing in consistently, and whether after BTC rallies, the funds will genuinely spread out to #ETH and #山寨 .
If all three signals show up at the same time, then this week might not just be a one-off “violent rebound.”
It could be where the next leg of the market really starts to accelerate.
So now I just want to ask one thing:
Did you end up buying all the way when it was above $60k, or did you only react when it was above $70k? 😂