#BitcoinBouncesBack Bitcoin is proving once again why it’s the most resilient asset on the planet. After a heavy liquidation flush that saw prices touch $60K, we are seeing a strong reactive bounce back above $70,000.
Why the tide is turning: Technical Floor: BTC found massive support at the $60K level, triggering a "relief rally." Mining Efficiency: With difficulty dropping by 11%, the network has automatically adjusted, making it more profitable for active miners to secure the chain. Institutional Hands: Despite the volatility, long-term bulls like Bernstein are reiterating targets of $150K for 2026, calling this the "weakest bear case" in history. The "Paper Bitcoin" hands have been washed out. Are we ready for the next leg up? 💎🙌 #BTC #CryptoMarket #BitcoinBounce #MiningDifficulty #DigitalGold
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#BitcoinBouncesBack Bitcoin is proving once again why it’s the most resilient asset on the planet. After a heavy liquidation flush that saw prices touch $60K, we are seeing a strong reactive bounce back above $70,000.
Why the tide is turning:
Technical Floor: BTC found massive support at the $60K level, triggering a "relief rally."
Mining Efficiency: With difficulty dropping by 11%, the network has automatically adjusted, making it more profitable for active miners to secure the chain.
Institutional Hands: Despite the volatility, long-term bulls like Bernstein are reiterating targets of $150K for 2026, calling this the "weakest bear case" in history.
The "Paper Bitcoin" hands have been washed out. Are we ready for the next leg up? 💎🙌
#BTC #CryptoMarket #BitcoinBounce #MiningDifficulty #DigitalGold