Quick Weekend Market Commentary on BTC: $75,000 is the starting point, not the endpoint

Hey friends, here’s a brief core analysis and conclusion for the weekend market update. I’m currently working on a deep-dive article about Bitcoin’s upcoming trends and predictions titled *‘$75,000 is the Starting Point, Not the Endpoint: The Three Triggers and Four-Step Ladder of Bitcoin’s Accelerated Decline’*. Stay tuned and look forward to it! Alright, let’s jump into the quick weekend market report. Bitcoin rebounded from $74,200 to $77,200, closing the daily candle with a solid green body and a long lower shadow. Trading volume reached 153,500 BTC. This wasn’t a low-volume bounce—there were real buyers stepping in around $74,200. Trump announced the agreement is “basically settled,” and Iran confirmed it’s in the “finalization stage.” Official announcement is expected around May 27. The market has already priced this in—on May 23, Bitcoin surged from $74,200 to $77,200. When the deal is officially signed, the impulse move likely won’t exceed $78,500-$79,500. The $78,000-$78,500 range has been tested as a solid resistance four times, and $79,500 is the 0.618 Fibonacci limit. This isn’t guesswork—it’s a strong gravitational level based on natural trading theory. When the price reaches this zone, a reversal is highly probable. ETFs have seen net outflows for six consecutive trading days, totaling $1.26 billion this week. Coinbase premiums remain negative, indicating U.S. institutions are selling. On-chain demand is contracting overall. The April rebound was driven by derivatives, while spot demand remains weak. The major short sellers haven’t entered the market yet. It’s not that they don’t want prices to drop—it’s that they don’t need to actively push them down. ETFs are selling on their behalf. Once $75,000 is decisively broken, stop-loss orders from the bulls will flood the market automatically. Staying in cash is the right move for now. The mid-term short setup zone is between $78,000-$79,500. When the agreement triggers a price impulse to this range, it’s a “money-giving zone” for shorts—not a reason to chase longs. The current price rebound is not a reversal. The positive expectations around the U.S.-Iran agreement are external factors, not internal drivers. #Bitcoin #BTC #MarketAnalysis #USIranDeal #Wave5Starting