#BTC Bitcoin is holding $77,000–$77,400 after a ~23% weekly surge that briefly touched $79,500.
Drivers:
Treasury buybacks, massive short squeeze, strong ETF inflows (~$1.5B+), and positive regulatory signals.
Technical:
Bullish above $75k–$76k support. Overbought (high RSI). Next resistance at $80k, then $82k–$84k.
Watch:
PCE inflation data (Aug 26). Holding $76k keeps the upside open; a break lower risks a deeper pullback.
Strong recovery, but stretched — consolidation likely.
Not financial advice.$NVDAB $AAPLB #USCanadaTradeTalksCollapseCanadaVowsRetaliation #btc70k
Drivers:
Treasury buybacks, massive short squeeze, strong ETF inflows (~$1.5B+), and positive regulatory signals.
Technical:
Bullish above $75k–$76k support. Overbought (high RSI). Next resistance at $80k, then $82k–$84k.
Watch:
PCE inflation data (Aug 26). Holding $76k keeps the upside open; a break lower risks a deeper pullback.
Strong recovery, but stretched — consolidation likely.
Not financial advice.$NVDAB $AAPLB #USCanadaTradeTalksCollapseCanadaVowsRetaliation #btc70k
