The bullish rally of $BTC has not ended, it is just taking a breather. It would be normal for the weekly close to be the highest in history and indicate possible medium-term targets.
Key points to consider:
- The massive adoption by companies that have jumped into accumulation as if there were no tomorrow. The strategy of Strategy or Metaplanet as examples.
- The imminent interest rate cut in the USA, already discounted in any case.
- The fundamentals of BTC, which continue to be its best calling card: hashrate at all-time highs, the chain well-oiled.
- The supply on exchanges at minimum levels.
Everything is bullish.
For this reason, even more, we must be cautious. Logically, a correction would be expected. But will it be next week, or is there still fuel for the price to rise further?