$BTC posted its strongest weekly rally since 2023 this week â surging over 23% to cross $80,000, touching a high of $81,272. Several factors drove this rally:
đ U.S. Treasury bond buybacks easing yield pressure
đ° $1.9 billion in spot $BTC ETF inflows
đ„ Heavy short liquidations â billions in bearish bets wiped out
đ 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.
đ What's the Chart Saying Right Now?
A pullback from the highs has already begun:
đ° Price: $79,044 (+1.13% today, but down from the $81,272 high)
đŽ Supertrend(10,3): Bearish @ $79,832
đ 24h Low: $77,851
Key Levels:
đą Support: $78,682
đŽ Resistance: $79,832 â $80,275
Order Book Sentiment: 96.27% sell-side dominant right now â a cautious signal for the short term.
đ Verdict:
The macro news is bullish (ETF inflows, short squeeze, institutional buying) â 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.
â ïž This is a market update, not financial advice. Always DYOR (do your own research) before trading.

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