💰 #BITCOIN UPDATE
Is the Bull Market Over? 🤔
Short answer: NO! Let’s break it down.
Technical Perspective:
BTC recently broke out from an inverse head & shoulders on the weekly. This dip? A healthy retest of the $72K-$75K breakout zone. If confirmed, expect a strong push upward—patience is key!
Fundamental Perspective:
1️⃣ Institutional Adoption – Giants like BlackRock, Fidelity & hedge funds are still accumulating. Even some nations are stepping in.
2️⃣ ETF Inflows – Spot ETFs continue to see billions in inflows, proving TradFi’s belief in BTC.
3️⃣ Macroeconomics – With the Fed slowing rate hikes, liquidity could start flowing back into risk assets like BTC.
Key Level to Watch:
A strong bounce off the neckline confirms strength—next stop, new highs! 🚀
#BTC #Crypto #BitcoinForecast