Bitcoin: Gains 30% as Gold Adds $4.5T
Bitcoin gains 30% while gold adds $4.5 trillion market cap amid US Treasury intervention and deficit spending, with BTC at $76595.17.
SourceAnalysis
Bitcoin has climbed 30% as gold added $4.5 trillion in market cap during the era of US Treasury intervention, elevated inflation and record deficit spending, per @KobeissiLetter.
Price action on the 4h chart shows BTC at $76595.17 holding above EMA50 support at $67464.94 and EMA200 at $64993.16 while RSI(14) at 92.91 flashes overbought near upper Bollinger resistance of $78576.72, pointing to a likely retracement toward the 50-EMA before continuation in this BTC price prediction setup and broader crypto market analysis focused on inflation hedge strategies.
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