#BTCRebound
✅ In Favor (Sustainable Rally):
1️⃣ Institutional Adoption: ETFs accumulate +$12B and companies like MicroStrategy continue to buy.
2️⃣ Macro Hedge: Attractive against volatile bonds and inflation.
3️⃣ Technically Strong: Support at $78K and healthy RSI (~65).
❌ Against (Risks):
1️⃣ Macro Dependency: If the Fed does not cut rates or there is a stock market crash, BTC could fall.
2️⃣ Overbought: MVRV ratio in the historical highs zone (+$120M in recent liquidations).
3️⃣ Regulation: Possible rejection of ETH ETFs and tax pressures.
"Is this rally driven by fundamentals (scarcity, adoption) or by macro speculation? Hold, take profits or wait?"
📊 Key Data:
- Daily Burn: ~900 BTC ($75M) reducing supply.
- 70% of BTC does not move in +1 year (strong holders).
- El Salvador buys 1 BTC daily; Tesla keeps it in reserves.
