The market is currently trading purely on geopolitics. Neither fundamentals nor classical patterns are really working here—all movements follow the news sentiment. Meanwhile, recent news has increasingly been coming out in a positive light. For Bitcoin, the key task right now is to hold above $70,000 and then test the $80,000 zone. This range represents a critical threshold for breaking the bearish structure. Only after such confirmation can we seriously consider a move toward new all-time highs.
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