$BTC has now closed 4 consecutive weeks in green for the first time since April 2025.
- Weekly MACD has flipped bullish.
- Price has reclaimed April 2025 lows.
- RSI has reclaimed the long-term support line.
The next key level for Bitcoin is $80K, and a clean breakout above it will confirm a reversal.
A rejection from $80K will push BTC towards the $74K support zone.
There are several key events too this week, which will decide the next BTC move.
- US and Iran indirect talks
- BOJ decision on Tuesday
- FOMC and earnings report on Wednesday
- ISM PMI data on Friday.
Looking at the macro, several things are aligned together, which has historically been bullish for crypto.
- The Russell 2000 is hitting new highs.
- ISM has printed 3 consecutive months above 52.
- New Fed Chair could be confirmed in a few weeks.
- US M2 supply is at new highs
- The Fed is injecting liquidity into the markets.
All it needs now is a BTC breakout above $80K with rising Coinbase Premium, and we could see a broader crypto market rally.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

