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🚨Bitcoin just got rejected from the weekly MA 50 at $81,000.
This is the biggest resistance for $BTC right now, and we need to break and close above it for a new bull market to start.
🚨 CRYPTO JUST HAD AN INSANE WEEK.
And this was much bigger than just a BTC pump.
• $BTC rallied from $62K to $79.5K and reclaimed the 200-day MA
• $ETH jumped 36%
• Spot ETFs pulled in $1.9B BTC + $697M ETH
• $5B+ in shorts got liquidated
• $500B flowed back into crypto market cap
• $XRP, $SOL, $HYPE, $ZEC and other alts exploded
• White House pushed crypto regulation + discussed sizable U.S. crypto purchases
The important part:
Price, ETF flows, regulation and liquidity all started moving in the same direction.
That's why this rally feels different from a random relief pump.
Now the real test begins:
Can BTC hold the breakout and can capital keep rotating into altcoins?
Next week tells us a lot. 👀
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