The $64K Rebound Breakout: Bitcoin Knocks Out Resistance as Tech-Led Stock Rallies and Corporate Accumulation Defeat Last Week's Selling Pressure
The multi-week liquidation regime that repeatedly threatened to shatter the cryptocurrency market’s macro foundation has faced a decisive counter-offensive. Following a brutal late-June cascade that saw overcommitted long positions thoroughly decimated in a $1 billion flash-crash, Bitcoin has aggressively invalidated the bears' structural breakdown thesis.