BTC back above $77K and MSTR back in profit
Bitcoin is now trading above $77,000 and this is looking important for the market.
After the sharp Feb drop, BTC is finally showing a stronger recovery again.
Now price is also moving above the 100-day moving average, which was rejecting price before.
This breakout is also helping Strategy $MSTR.
Their average BTC buy price is $75,577, so now their holdings are back in profit.
At the same time MSTR is also trading above its 200-week moving average again, which is a strong long-term signal.
For now this $76.3K - $77K zone is very important.
If BTC holds above this area, then more upside can come next.
If not, then market can again see short rejection.
#BTC #bitcoin #AltcoinRecoverySignals? #ARKInvestReducedPositionsinCircleandBullish #Kalshi’sDisputewithNevada