Post

$BTC BTC 76,940 — 80K rejected, now cooling off. Weekend tagged 80K (May high), then pulled back to 76,940. Still up 20%+ from 63K this week. Three drivers behind the run: · Macro: Treasury doubled buyback cap to $4B — debasement trade activated · Short squeeze: $4B+ crypto liquidations in 2-3 days, BTC shorts ~$2.75B · ETF bids: ~$1.6B net inflow this week — IBIT alone pulled $500M in a day Pullback triggers: geopolitical jitters + profit-taking — 179K traders liquidated ~$900M