BTC has broken 78K.


After two months of consolidation, yesterday a single candlestick directly resolved it. The driver is simple: the situation in the Middle East has eased, the Strait of Hormuz has reopened, and market sentiment has flipped instantly—together with the US stock market’s S&P reaching its historical all-time high of 7121, risk assets are surging across the board, and BTC naturally follows.
To put it plainly, this move isn’t because BTC is particularly strong on its own—it’s the macro driving it. Once you understand that, you’ll know what to do next.
On the ETF side, there was a net inflow of $471 million in a single day; BlackRock alone took in nearly $300 million. The funds are moving toward cold wallets—this is real, not just talk.
Of course, the risks are real too. During this stretch of tax season in the US, retail investors may start selling off; issues in the Middle East could flare up again at any time. If 73K breaks on a daily close to the downside, then this structure is considered damaged. At that point, run—don’t force yourself to hold on.
Now that it’s going up, everyone has started shouting “bull market.” Sure, whatever. See clearly before you act.
Not advice—DYOR.
BTC0.77%
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