#ShareYourThoughtOnBTC ​

Bitcoin Breaks 78K Is the 90K Target Next week

Bitcoin (BTC) is showing incredible strength today breaking above the 78k resistance level. The latest $2.54 billion purchase by Strategy has completely flipped the market sentiment, absorbing a huge chunk of global supply.

​With the US Treasury injecting liquidity through debt buybacks and global tensions easing we are seeing a classic liquidity surge. Even though the price is up, the Fear & Greed Index is still at 32 which tells me the market isn't overheated yet. If we hold support at 76k the path to 90k looks very constructive