Bitcoin Breaks $71,000 After Six-Week Consolidation as Commentators Signal Euphoria Peak
Zoetoshi
Bitcoin has recently punched through a decisive resistance barrier, trading above 71,000 dollars on major exchanges after holding within a six-week range. The move marks what many see as confirmation of a sustained uptrend in the dominant asset. Yet one prominent analyst's remark that the market 'smells blood' cuts through the usual sales pitch, pointing straight at the moment when greed turns into something sharper and potentially more dangerous. This is not just another narrative. It is the precise point where technical systems, sentiment metrics, and hidden structural weaknesses meet.