BITCOIN JUST BROKE PAST $78KBitcoin is trading above $78,000 right now, marking another leg up in what's been a relentless rally. This move comes as institutional interest remains hot and macro conditions continue to favor risk assets.
The momentum here is real. We've essentially wiped out all the doubt from recent weeks and established a fresh range above $77K. That's the kind of clean setup that tends to keep buyers engaged.
The next target everyone's watching is $80K — it's a psychological level that matters more than people want to admit. If we're hitting it in the next few days rather than weeks, that tells you something about conviction.
Dollar weakness is playing a role too. When the greenback retreats, Bitcoin tends to run, and that dynamic looks intact for now. Keep an eye on whether $76.5K holds as support on any pullback.
Has this rally already priced in too much too fast, or are we still early?