CryptoQuant has found signs that the BTC bear market may be coming to an end, but they still don’t see confirmation of a reversal. An important resistance level could become $75k 🤑



Today, traditional markets will close for the weekend, and talks between the US and Iran have been scheduled for Saturday. Trump is already spreading FUD that Iran should open the Strait of Hormuz normally, while Iran accuses the US of violating the ceasefire. The weekend promises to be volatile 🕯

Scenarios:
🟢 BTC staying above $72k и and charging at $75k in case the negotiations go well
⏺ Falling back into the $72k-$65k range if the negotiations don’t go as planned or don’t take place at all

Events:
▪️ Bittensor rose by 18% after the key project Covenant AI left the network
▪️ Tom Lee believes BTC and ETH have reached their bottom, and he’s also betting on Mag-7 growth
▪️ A solo miner mined a Bitcoin block and received 3,128 BTC—he had a 1 in 100,000 chance
▪️ Grayscale staked 83,200 ETH via the Ethereum Mini Trust
BTC-3,01%
TAO-3,19%
ETH-3,28%
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