Last week was Bitcoin's best week since 2024. The quick picture:
BTC: +21% ($72k → $78k), its highest since June.
Shorts: around $3B in crash bets wiped out, a record.
ETF: +$606M in a day, the biggest inflow since May.
Fear & Greed: flipped to "Greed" (73), from fear a week earlier.
Why? A few things lined up: the US is warming to crypto (regulators want big platforms based in the US, not abroad), a new crypto law is gaining support, and the Treasury put money back into markets.
This week, all eyes on Friday:
• Wed: Nvidia earnings, the market's big "is AI still booming?" check. When AI moves, crypto usually follows.
• Fri: The Fed's Jackson Hole speech + key US inflation data. This year's Fed chair is the most crypto-friendly ever.
Quiet start, loud finish. Set your levels before Friday.
Not financial advice.
