$BTC at $77,900, are you still waiting for it to drop below 60k?

BTC rose 2.2%, surging to 78,400. Strategy has added positions again, now holding 815,061 BTC. A senior U.S. military officer publicly said Bitcoin has "amazing potential." Russia officially recognizes cryptocurrency as property, with 20 million users ready to enter. Half are shouting "bull market return soon," the other half are calling "the last chance to escape." Is this rebound a true reversal or just a trap set by the manipulators?

First, look at the surface: it’s up, but the rise is unsettling.

In the past 24 hours, BTC increased by 2.2%, MACD just turned positive, looking very promising. But the Fed chair nominee hints at rate hikes, and the Middle East is issuing tough words. In the past 24 hours alone, exchanges have been charged with 68.3 million USDT worth of BTC. On one side, institutions are buying; on the other, smart money is moving coins to exchanges in preparation to dump.

First thing: institutions are crazy, truly crazy.

Strategy has bought again, now holding 815k BTC. BlackRock’s ETF has a total net inflow of $58.4 billion, holding 73,700 BTC.

Second thing: Russia has opened the door.

The Russian parliament passed a bill in the first reading, officially recognizing cryptocurrency as property, allowing cross-border settlements with BTC. Sberbank is preparing to launch, directly serving 20 million users.

Third thing: technical analysis shows the bull market structure is still intact.

BTC broke through the downtrend channel, surpassed the 100-day EMA, RSI at 55 indicating neutrality leaning bullish, MACD golden cross ongoing, moving averages all trending upward. This isn’t just a rebound; it’s a structural reversal signal. But why do you not feel it? Because too many are waiting for the “final plunge below 60k.”

On one side, institutions are aggressively accumulating, major countries are legislating recognition, and technical signals are bullish.

On the other side, rate hike expectations, geopolitical risks, and the selling pressure from exchanges with 68.3 million USDT in BTC.

Key level: 80k, the dividing line between bulls and bears.

If you’re a short-term trader: buy in stages between 75k and 76,000, set stop-loss at 73,500, and take half profits at 80,000 to 82,000. Don’t be greedy, don’t hold too long—wait for a break above 80k before chasing.

If you’re a long-term investor: now is the dollar-cost averaging zone. Buy below 75k without hesitation, add more at 73k, targeting 120k to 180k by the end of 2026.

This rebound isn’t about missing the lowest point; it’s about still waiting at $75,000, hoping it drops to $60,000. #比特币反弹 $BTC