Weekly close: Mission Accomplished. 🏁
Bitcoin silenced the bears by closing the week at $70,230, successfully reclaiming the psychological support we were all watching. Friday’s "flash crash" to $60k is now looking like a massive liquidity trap rather than a trend reversal.
Morning Pulse:
Bitcoin ($BTC ): Holding steady at $70,150. The "Monday Open" volatility is here, but the floor is firm.
Global Markets: A huge rally in Asian markets (Nikkei up 4%) and positive US futures are providing a strong "risk-on" tailwind for crypto today.
Sentiment: We’ve 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.
The Strategy:
The weekly close was the signal. Now, we watch for the "Monday retest." I’m looking for $BTC to hold $69,500–$70,000 as new support. If we stay above this today, the path toward $75k opens up. 🚀
Did you buy the $60k dip, or are you waiting for more confirmation?
#Bitcoin #CryptoUpdate #MondayMotivation #BinanceSquareBTC #CMC