#BitcoinStrongestWeekSinceMarch2023
🚨 THIS IS NOT THE +20% FROM $BTC THAT CAUGHT MY ATTENTION. IT’S WHAT HAPPENED BEHIND THE SCENES.
Bitcoin got close to $80,000 after one of the most aggressive weekly recoveries in recent years. �
MarketWatch +1
But look at this combination:
💥 billions in shorts liquidated
🏦 strong inflows into spot ETFs
💵 a weaker dollar during part of the move
🇺🇸 more favorable political signals for the crypto sector
🥇 and even gold advancing along with the macro move. �
The Wall Street Journal +1
When several pieces start moving at the same time, I pay attention.
But there’s also a risk:
after such a fast surge, chasing price can be as dangerous as ignoring the trend.
So my question isn’t:
“Will Bitcoin go up?”
My question is:
Can the market sustain this demand once the short squeeze effect fades?
This answer could define the next move.
👇 I want to know your opinion:
$80K is just the beginning, or will a correction come first?
Follow my profile to track the market with me — no hype, with data and strategy.$BTC
#BitcoinStrongestWeekSinceMarch2023 #BTC #Bitcoin #Crypto #ETF
🚨 THIS IS NOT THE +20% FROM $BTC THAT CAUGHT MY ATTENTION. IT’S WHAT HAPPENED BEHIND THE SCENES.
Bitcoin got close to $80,000 after one of the most aggressive weekly recoveries in recent years. �
MarketWatch +1
But look at this combination:
💥 billions in shorts liquidated
🏦 strong inflows into spot ETFs
💵 a weaker dollar during part of the move
🇺🇸 more favorable political signals for the crypto sector
🥇 and even gold advancing along with the macro move. �
The Wall Street Journal +1
When several pieces start moving at the same time, I pay attention.
But there’s also a risk:
after such a fast surge, chasing price can be as dangerous as ignoring the trend.
So my question isn’t:
“Will Bitcoin go up?”
My question is:
Can the market sustain this demand once the short squeeze effect fades?
This answer could define the next move.
👇 I want to know your opinion:
$80K is just the beginning, or will a correction come first?
Follow my profile to track the market with me — no hype, with data and strategy.$BTC
#BitcoinStrongestWeekSinceMarch2023 #BTC #Bitcoin #Crypto #ETF
