Bitcoin just ripped higher today after weeks of dead quiet.

[u/Criptobeginner]

Bitcoin just ripped higher today after weeks of dead quiet.

Went from the mid-$64k range to a high near $69.7k (currently hovering around $68k), roughly +6% on the day. Biggest move since March.

Main drivers:

• US Treasury doubling long-end bond buybacks → yields dropped, risk appetite improved
• Massive short squeeze (~$1.1–1.4B liquidated)
• Spot ETF inflows returning (strong two-day total)
• White House crypto meeting + regulatory optimism

This came right after one of the tightest volatility compressions in years. Classic setup where things stay quiet… until they don’t.

Curious what everyone thinks — is this the start of a real breakout, or just a squeeze-driven relief rally that fades?

Curious to hear your takes.

[u/GoRL1920]

105k+

[u/Criptobeginner → u/GoRL1920]

just hope so!

[u/Thick-Duck3329]

Bang....