Last week looked like another fake out

On Friday of last week bitcoin looked poised to break $70k, then it fell out of bed.

The drop was mostly based on news saying that Tether was being investigated by the DOJ.

It is still unclear whether is real or not but bitcoin has bounced back in a major way trying to bust through $70k yet again.

(Source: https://x.com/CryptoFck1/status/1850988329082523663/photo/1)

This time looks like it could be the real thing.

If it is we probably see new highs this week.