Bitcoin Breaks Out Even as Gold Remains Restrained
Bitcoin has broken out from a series of higher-lows and printed a new two-month high, putting the 80,000 area — and the 38.2% Fibonacci retracement at 79,507 — squarely in view. The note argues the move is an early-stage recovery after a decline to ~65,000, with short-term resistance clustered between roughly 75,587–80,537. Key intra-day support to keep the bullish trend intact sits near 73,832. The piece is technical in focus: it highlights Fibonacci levels, prior support-turned-resistance, and likely profit-taking around 80k that could produce pullbacks but leave the broader bullish setup intact. Gold is mentioned as remaining muted, signaling a divergence between bitcoin’s strength and restrained precious‑metals performance.