Bitcoin Breaks $78K: Is the $90K Target Next?

Bitcoin (#BTC☀ ) is showing incredible strength today, breaking above the $78,000 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 $76,000, the path to $90,000 looks very constructive.

What do you think? Are we heading for a new All-Time High this month?

$BTC

BTCUSDT

Perp

77,842.2

-0.20%

#CryptoMarket

Where is BTC heading by the end of the week