Bitcoin: Records Strongest Week Since March 2024
Bitcoin gained over 20% in its strongest week since March 2024, hitting 79.5k as US 30-year yields hit 5.3%.
SourceAnalysis
BTC recorded its strongest week since March 2024, gaining more than 20% and briefly reaching approximately 79.5k on Friday amid the US 30-year Treasury yield approaching 5.3%.
Price action shows BTC trading inside the Bollinger Bands near upper resistance at $78359.3 with RSI(14) at 68.29 and MACD flashing a death cross, pointing to a probable retracement toward the EMA50 support at $72322.96 before any extension higher in the bullish structure defined by the EMA200 at $66953.26. Updated BTC price prediction models now factor this rates-driven liquidity shift while monitoring crypto market crash signals and broader AI industry impact on risk assets.
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