Weekly close: Mission Accomplished. đ
âBitcoin silenced the bears by closing the week at $70,230, successfully reclaiming the psychological support we were all watching. Fridayâs "flash crash" to $60k is now looking like a massive liquidity trap rather than a trend reversal.
âMorning Pulse:
âBitcoin ($BTC ): Holding steady at $70,150. The "Monday Open" volatility is here, but the floor is firm.
âGlobal Markets: A huge rally in Asian markets (Nikkei up 4%) and positive US futures are providing a strong "risk-on" tailwind for crypto today.
âSentiment: Weâve climbed from "Extreme Fear" back to "Neutral" (42). The panic has officially subsided, and the focus has shifted to the next resistance at $72,500.
âThe Strategy:
The weekly close was the signal. Now, we watch for the "Monday retest." Iâm looking for $BTC to hold $69,500â$70,000 as new support. If we stay above this today, the path toward $75k opens up. đ
âDid you buy the $60k dip, or are you waiting for more confirmation?
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