Bitcoin Reclaims $78,000 as Bullish Momentum Returns
The move puts a major resistance level back in focus, with follow-through now key to confirming whether buyers can sustain the recovery.
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The move puts a major resistance level back in focus, with follow-through now key to confirming whether buyers can sustain the recovery.
Glassnode's read: BTC stretches of relative lag are routine, but the snapback excess gains tend to be the bigger move. The 72-hour catch-up may be the entry, not the climax.
February's comparable close followed a 14% drop; this move had no crash to bounce from, giving the upside a cleaner momentum signal.
Charles Schwab's Jim Ferraioli argues ETF inflows and regulatory wins haven't moved the tape because the marginal speculative dollar has moved on — and crypto-native rails like Hyperliquid now let…