Is the eighty thousand dollar dream finally coming true for Bitcoin?
The market just had one of its weeks in a year and it is hard to ignore the momentum. Bitcoin is fighting a resistance near seventy eight thousand one hundred dollars. If we can get past this level the way to eighty thousand dollars is clear.
Here are some important things to know:
* A lot of money is available: there is five billion dollars more in $USDT , which means a lot of people have money and are ready to buy $BTC .
* Big investors are still buying: they put over one billion one hundred million dollars into spot Bitcoin funds week.
* support level: we need to watch seventy four thousand five hundred dollars. Long as Bitcoin is above this price everything looks good for Bitcoin.
I think Bitcoin will do well. The way the market is set up reminds me of what happened at the end of two thousand twenty two. Bitcoin is not just going up a little it is really trending upwards.
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