☀️ Good morning
Bitcoin at 79.2K—will we see 80K today?
Peace be upon you 🔥
The market has been on fire this week, and Bitcoin is nearing its highest levels since May. Here are the most important things we’re tracking this morning:
📊 Market numbers:
BTC: $79,200 (high $79,500), +24% weekly gains (best since 2023)
ETH: $2,410, supported by strong ETF inflows
XRP: +16% above $1.30, driven by regulatory optimism.
🔥 Key drivers:
1. The U.S. Treasury doubles bond buybacks, injecting liquidity into the markets.
2. Trump announces full support for clear legislation for cryptocurrencies and hints at buying Bitcoin as a strategic reserve.
3. ETF funds attract more than $10 billion this week—strong institutional entry.
📈 Important technical levels:
Support: $77,500 (a break could bring a correction).
Resistance: $79,800, then the $80,000 psychological level
Indicators: strong momentum, but RSI is close to overbought—watch out for sudden fluctuations
⚠️ Warning: 127K traders were liquidated for $10.8 billion within 24 hours, most of them short positions. Don’t forget to set a stop-loss!
💬 In your opinion, will Bitcoin break $80K today, or will it pull back to gather liquidity?
$BTC
$ETH $XRP
#BitcoinBestWeekSinceMarch2023
Bitcoin at 79.2K—will we see 80K today?
Peace be upon you 🔥
The market has been on fire this week, and Bitcoin is nearing its highest levels since May. Here are the most important things we’re tracking this morning:
📊 Market numbers:
BTC: $79,200 (high $79,500), +24% weekly gains (best since 2023)
ETH: $2,410, supported by strong ETF inflows
XRP: +16% above $1.30, driven by regulatory optimism.
🔥 Key drivers:
1. The U.S. Treasury doubles bond buybacks, injecting liquidity into the markets.
2. Trump announces full support for clear legislation for cryptocurrencies and hints at buying Bitcoin as a strategic reserve.
3. ETF funds attract more than $10 billion this week—strong institutional entry.
📈 Important technical levels:
Support: $77,500 (a break could bring a correction).
Resistance: $79,800, then the $80,000 psychological level
Indicators: strong momentum, but RSI is close to overbought—watch out for sudden fluctuations
⚠️ Warning: 127K traders were liquidated for $10.8 billion within 24 hours, most of them short positions. Don’t forget to set a stop-loss!
💬 In your opinion, will Bitcoin break $80K today, or will it pull back to gather liquidity?
$BTC
$ETH $XRP
#BitcoinBestWeekSinceMarch2023