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Influenced by the rising expectations of US-Iran negotiations, Bitcoin once surged to $76,000.
The essence of this rally is quite clear:
Macro easing (decreased war risk + falling oil prices + weakening dollar) + large-scale short liquidations + ETF capital inflows, collectively driving the market.
This is not a "safe-haven rally," but a typical liquidity-driven increase.
The current key range is between $74,500 and $76,000:
Breaking through could see it go over $80K, failure might cause a dip back to $70K.
In one sentence:
BTC is trading on "peace expectations," not on the war itself.
#BTC