#BitcoinHoldsThreeWeekHighAt$65K
Bitcoin just broke $65,000 while a war kept escalating. That's not a coincidence, that's a signal.
$BTC touched $65,100 today, its highest level since June 22, up roughly 3.5-3.7% on softer-than-expected June CPI — inflation fell 0.4%, the biggest monthly drop since April 2020, pulling Fed rate-hike odds down from 43% to just 13%.
Here's what should actually get your attention: this rally happened while the US and Iran kept trading strikes with zero signs of slowing down. Two days ago I asked if Bitcoin was decoupling from war headlines. Today's the clearest evidence yet that it might be. $65,000 capped every rally for a month — a clean daily close above it flips old resistance into new support, with $67,300 next and some analysts already calling for $70,000 this week. Worth noting though: Fear & Greed only ticked up to 25, still "extreme fear" — the market itself isn't fully convinced yet either.
I'm not chasing this at the top. I want a daily close above $65,000 before I call this a real trend instead of a good week.
Is this the real breakout, or another failed run at $65K like late June?
NFA. DYOR.
#BTC #CryptoMarket