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Bitcoin Smashes $78K As Investors Go Risk On! Real Breakout Or Bull Trap?

Published 2 days, 15 hours ago
Description

Bitcoin just surged past $78,000 to an 11-week high after Donald Trump announced an indefinite Iran ceasefire extension—fueling a global risk-on rally across markets. With strong institutional demand, including continued buying from Strategy, and $80K now acting as the key resistance level, traders are watching closely for a potential breakout and short squeeze.

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