đšThe Only Reason That Forced BTC To Go Over $70,000đš
Bitcoin turned bullish fast, and hereâs what likely fueled the move đ
đč Strong Buying Pressure
Big investors (whales & institutions) stepped in and started buying heavily, pushing price up quickly.
đč Key Resistance Breakout
BTC broke above important resistance near $65Kâ$66K. Once that level flipped to support, momentum kicked in.
đč Short Liquidations
Many traders were betting on a drop. When price moved up, their positions got liquidated, causing a short squeeze đ
đč Positive Market Sentiment
Bullish news, ETF inflows, and overall confidence in crypto boosted market psychology.
đč Low Supply on Exchanges
Less BTC available for sale + high demand = rapid price increase.
⥠Result: explosive move from $65K â $71K in hours.
Crypto reminder: volatility is normal â manage risk and donât chase pumps đ§ đĄ