Yesterday $BTC almost reached $76,000, the highest level since February. The reason? US-Iran peace talks boosted market confidence and brought back risk appetite.
📈 Bullish signal: On Binance, the funding rate for BTC perpetuals has been negative for 46 consecutive days. This pattern was also seen after the FTX crash (2022) and the China mining ban (2021). Historically, when crowded short positions unwind, the market often sees a sharp upside move.
$ETH is outperforming $BTC today after the SEC introduced new DeFi safe harbor guidance, offering 5-year protection for non-custodial wallets and DeFi interfaces.
Meanwhile, Strategy (MicroStrategy) bought another 1 Billion worth of BTC — 13,927 BTC at an average price of $71,902. Institutional buying clearly hasn’t stopped.
⚠️ Keep in mind: The $75K–$76K range is a strong resistance zone. If BTC fails to break this level, it may retest the $70K–$72K support zone. Avoid high leverage; spot entry looks safer at the moment.
💬 What do you think — will BTC touch $80K this month? Comment below 👇
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