$BTC just broke $76K and I'm still trying to process the chart. $14,000 in four days. $4 billion in shorts wiped out, the biggest liquidation event crypto has ever seen. People keep saying this happened out of nowhere but it didn't, Trump leaning on Congress to pass the Clarity Act lit the fuse, ETF inflows just hit their best week since May, and falling yields are quietly pushing money into risk assets. The catalyst was there, most people just weren't watching for it.
What gets me is how fast sentiment flipped. A week ago everyone was calling this a dead-cat bounce stuck under $65K. Now the shorts are the ones getting rekt and nobody's asking "why" anymore, just "how high."
I've seen this movie before and it doesn't usually end quietly. Either this is the start of a real leg up for $BTC on actual policy tailwinds, or it's over-leveraged euphoria that snaps back just as fast as it ran.
Where do you land, is $76K the new floor, or are we due for a violent pullback?
#BTC #Bitcoin #USJoblessClaimsFallTo206000
What gets me is how fast sentiment flipped. A week ago everyone was calling this a dead-cat bounce stuck under $65K. Now the shorts are the ones getting rekt and nobody's asking "why" anymore, just "how high."
I've seen this movie before and it doesn't usually end quietly. Either this is the start of a real leg up for $BTC on actual policy tailwinds, or it's over-leveraged euphoria that snaps back just as fast as it ran.
Where do you land, is $76K the new floor, or are we due for a violent pullback?
#BTC #Bitcoin #USJoblessClaimsFallTo206000
