Sarah_sn_09
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Sarah_sn_09
🧠 No FOMO, just DYOR
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$BTC Price: ~$71,000–$72,000 (strong rally, up sharply over the last 1–2 days).
Drivers:
U.S. Treasury expanding long-term bond buybacks → more liquidity
Heavy short squeeze (~$1.3B+ liquidations)
Renewed ETF inflows + whale accumulation
Technical:
Testing the 200-day EMA (~$71,500–$71,700)
RSI overbought (~78)
Resistance: $72k → $75k
Support: $69k–$67k
Bias: Short-term momentum is bullish but extended. A clean daily close above the 200 EMA would favor continuation; rejection risks a pullback into the prior range.
#BTC #Binance #CryptoRally #BitcoinDunyamiz #bitcoin
Drivers:
U.S. Treasury expanding long-term bond buybacks → more liquidity
Heavy short squeeze (~$1.3B+ liquidations)
Renewed ETF inflows + whale accumulation
Technical:
Testing the 200-day EMA (~$71,500–$71,700)
RSI overbought (~78)
Resistance: $72k → $75k
Support: $69k–$67k
Bias: Short-term momentum is bullish but extended. A clean daily close above the 200 EMA would favor continuation; rejection risks a pullback into the prior range.
#BTC #Binance #CryptoRally #BitcoinDunyamiz #bitcoin
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$BTC is trading near $70,000–$72,000 after a strong multi-day rally of ~7–11% from the mid-$60,000s.
Drivers:
U.S. Treasury plan to expand longer-dated bond buybacks (improved liquidity, lower yields)
Returning spot ETF inflows
Large short squeeze (>$1.3B liquidated)
Technical view: Breakout from the $62k–$66k range. Support at $67k then $62k–$63k. Resistance at $70k–$72k (near 200-day MA)
#CryptoRally #FOMCWatch #AdnocPlansToTrimAsiaCrudeShipments #UAEEndsEconomicTiesWithIran #KOSPIRises6.5%OnMemoryStockRebound
. Short-term RSI is elevated (overbought risk).
Bias: Constructive near-term while above $67k. Watch for hold above $70k for further upside toward $73k–$76k.
Drivers:
U.S. Treasury plan to expand longer-dated bond buybacks (improved liquidity, lower yields)
Returning spot ETF inflows
Large short squeeze (>$1.3B liquidated)
Technical view: Breakout from the $62k–$66k range. Support at $67k then $62k–$63k. Resistance at $70k–$72k (near 200-day MA)
#CryptoRally #FOMCWatch #AdnocPlansToTrimAsiaCrudeShipments #UAEEndsEconomicTiesWithIran #KOSPIRises6.5%OnMemoryStockRebound
. Short-term RSI is elevated (overbought risk).
Bias: Constructive near-term while above $67k. Watch for hold above $70k for further upside toward $73k–$76k.
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