Bitcoin’s rally has hit a new high—pumping to almost $66K as President Trump claims a “toll‑free opening” of the Strait of Hormuz, an exogenous shock that fuels fear‑of‑missing‑out buying.

After 3‑week lows, BTC is exiting a shallow consolidation zone. Traders are buying in at the support that bounced at $61.5K, and the 50‑day SMA is nowhere near a head‑crushing resistance. Liquidity on the XBT/USDT pair has thinned, setting the stage for a breakout.

**Trade call:** Long $BTC – swing play

**TP:** $73,000

**SL:** $60,000

Because the exogenous news has wiped out downside bias, buying pressure is re‑capturing early support, and momentum is climbing—making a run to the 3‑week high very likely. 🚀

#BTC #cryptocurrency