Bitcoin is now around $77,300 after weekend volatility. I noticed that the price remained close to the $75,000 level despite geopolitical pressures, which reflects the strength of institutional demand that doesn't stop.



Tensions between the US and Iran over the Strait of Hormuz weighed on market sentiment last week. Crude oil rose above $88, and Bitcoin dropped about 4% during the holiday. But the institutional team didn't give up – spot Bitcoin funds attracted inflows of about $1 billion, the highest level since January. This indicates that big buyers see an opportunity in these declines.

From a technical perspective, Bitcoin against the dollar maintains important support levels. The price is above the upward trend line at $73,400, and momentum indicators point to positive momentum. If institutional inflows continue, the price could extend toward $78,500 or even $80,000. The first support is around $72,000 if a correction occurs.

Summary: Bitcoin against the dollar is now between two forces – geopolitical pressure on one side, and strong institutional demand on the other. The chart looks constructive as long as we maintain current levels.
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