$BTC posted its strongest weekly rally since 2023 this week — surging over 23% to cross $80,000, touching a high of $81,272. Several factors drove this rally:

📈 U.S. Treasury bond buybacks easing yield pressure

💰 $1.9 billion in spot $BTC ETF inflows

đŸ”„ Heavy short liquidations — billions in bearish bets wiped out

🐋 Michael Saylor's Strategy firm booked ~$4B in unrealized profits on its BTC holdings

It's still below last year's $126,000 peak, but the momentum this week was clearly strong.

📊 What's the Chart Saying Right Now?

A pullback from the highs has already begun:

💰 Price: $79,044 (+1.13% today, but down from the $81,272 high)

🔮 Supertrend(10,3): Bearish @ $79,832

📉 24h Low: $77,851

Key Levels:

🟱 Support: $78,682

🔮 Resistance: $79,832 – $80,275

Order Book Sentiment: 96.27% sell-side dominant right now — a cautious signal for the short term.

📌 Verdict:

The macro news is bullish (ETF inflows, short squeeze, institutional buying) — but on the 15-minute chart, a healthy pullback/profit-taking is underway after the fresh high. A reclaim of $79,832 would put bulls back in control; otherwise, the $78,682 support may get tested.

⚠ This is a market update, not financial advice. Always DYOR (do your own research) before trading.

BTC
BTC
78,904.01
+0.37%

#bitcoin #BTCè”°ćŠżćˆ†æž #crypto #BinanceSquare #ETFvsBTC