Bitcoin has officially crossed the $69,000 $USDT benchmark, showing a strong 7.43% increase in the last 24 hours. This move follows a period of consolidation and is now testing major psychological resistance levels.
Key Highlights:
Massive Momentum: The breakout above $65,000 has shifted short-term sentiment from "extreme fear" to cautious optimism.
Institutional Inflow: Reports indicate high-net-worth advisors are now permitted to offer spot Bitcoin ETFs, further bridging the gap between TradFi and Crypto.
Ethereum Rally: $ETH is also surging, up over 10% today, trading near the $2,046 level as it gains confidence alongside Bitcoin.
Trading Strategy:
Support Level: Watch the $65,000 zone. As long as we hold above this, the #bullish structure remains intact.
Resistance: The next major target for bulls is the $72,000 range.
Caution: Watch for high-volume liquidations; a sudden wick down could retest $63,000 before the next leg up.
What is your move? Are you LONG on this breakout or waiting for a dip? Let me know in the comments! 👇
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