🚨 BTC seeks to consolidate around $80K! The "Debasement Trade" is back in motion following liquidity measures in the U.S. 🚀
1️⃣ Macro liquidity injection: The U.S. Treasury announced an increase to its bond buyback program to $4,000 million, which weakened the U.S. dollar index and reignited interest in safe-haven assets like Bitcoin and gold.
2️⃣ Record ETF inflows: Bitcoin ETFs in the U.S. have logged more than $1,900 million in weekly net inflows, adding up to $7,000 million in combined positive flow between gold and BTC.
3️⃣ Short liquidation (Short Squeeze): The breakout above prior resistance zones triggered forced closures of bearish positions, accelerating bullish pressure toward the psychological level of $80,000.
🤔 Do you think breaking the $80,000 barrier will pave the way to new all-time highs, or will we see a technical pullback before continuing? 👇 Share your analysis in the comments.
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