🚀 Bitcoin Breaks $61K! Is the Bull Run Back? 🐂

Bitcoin (BTC) hit a weekly high of $61,424 on Aug. 20, sparking hopes of a price comeback. BTC/USD surged 2.4%, contrasting sharply with the week's opening.

🔍 Analysts are buzzing with optimism. QCP Capital noted a "re-leveraging" among stock traders, boosting equities. Corporate share buybacks hit $1.15 trillion, and Goldman Sachs saw record dip-buying demand.

🤔 Could this "risk-on" sentiment extend to crypto? With the Federal Reserve's Jackson Hole symposium looming, history suggests a potential S&P 500 rally.

📈 BTC's next challenge: breaking the $70K resistance. Can it hold $60K and aim higher? Share your thoughts in the comments! 💬

#Bitcoin #Crypto #MarketTrends