๐จ BTC JUST EXPLODED 24% โ BUT HERE'S WHAT MATTERS NEXT
Bitcoin went from struggling around $64K to challenging $80K in a matter of days.
Now BTC is hovering around $77K.
But this rally wasn't just hype. ๐
๐ฐ Institutional money is returning
U.S. Spot Bitcoin ETFs recently recorded around $608M in daily inflows, pushing August inflows to roughly $2.07 BILLION.
๐ฅ Short sellers got crushed
Billions of dollars in bearish positions were forced out as BTC broke through its previous trading range.
๐ BTC broke above its 200-day moving average
A technical level traders have been watching closely.
๐ NOW WATCH $80K
A clean move above $80K could strengthen the bullish structure.
But failure to hold the $75Kโ$77K region would tell us the market may need a deeper reset before another attempt higher.
And remember that viral prediction we discussed:
$78K โ $57K โ $40โ45K โ $115K โ $170K
The first target has happened. โ
Will the rest?
I'm tracking it.
๐ Save this post. We'll come back and compare.
Follow CryptoPulse_Daily for daily market updates without the noise.
#BTC #Bitcoin #Crypto #BitcoinNews #CryptoMarket $
Bitcoin went from struggling around $64K to challenging $80K in a matter of days.
Now BTC is hovering around $77K.
But this rally wasn't just hype. ๐
๐ฐ Institutional money is returning
U.S. Spot Bitcoin ETFs recently recorded around $608M in daily inflows, pushing August inflows to roughly $2.07 BILLION.
๐ฅ Short sellers got crushed
Billions of dollars in bearish positions were forced out as BTC broke through its previous trading range.
๐ BTC broke above its 200-day moving average
A technical level traders have been watching closely.
๐ NOW WATCH $80K
A clean move above $80K could strengthen the bullish structure.
But failure to hold the $75Kโ$77K region would tell us the market may need a deeper reset before another attempt higher.
And remember that viral prediction we discussed:
$78K โ $57K โ $40โ45K โ $115K โ $170K
The first target has happened. โ
Will the rest?
I'm tracking it.
๐ Save this post. We'll come back and compare.
Follow CryptoPulse_Daily for daily market updates without the noise.
#BTC #Bitcoin #Crypto #BitcoinNews #CryptoMarket $
