Honestly, while breaking $76K is a massive psychological win, I’m looking at the $79.5K to $80K range as the next big wall. We’ve seen nearly $15 billion in short liquidations sitting right around $79,600, so if we get another push from positive news out of the ceasefire talks, a "short squeeze" could easily catapult us toward that $80K milestone. However, unless we get a definitive "ink on paper" deal between the US and Iran, I expect a lot of profit-taking near the all-time highs. It feels like the market is currently "pricing in" a peaceful outcome, which makes it a bit of a crowded trade.


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