Bitcoin Market Brief
Current Price: Bitcoin has surged to $74,500, showing strong recovery after weeks of sideways movement.
Market Move: A sudden spike caused over $113 million in liquidations for short-sellers within just 30 minutes.
Institutional Demand: Spot Bitcoin ETFs saw a massive inflow of $767 million last week, signaling continued interest from big investors.
MicroStrategy: Michael Saylor’s firm added another 17,994 BTC to its holdings, further tightening the available supply.
Key Levels: * Resistance: $75,000 (Breaking this could lead to a new All-Time High).
Support: $71,200 (The current floor to maintain the bullish trend).