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VIKRAM KUMAR ANANDANI
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$BTC Bitcoin (BTC) is currently trading around $63,500, consolidating within a symmetrical triangle pattern. The overall trend appears neutral with a slight bullish bias. Key resistance lies at $65,000, with a breakout potentially pushing BTC toward $70,000 and higher. Support is seen at $61,000 and $58,500. Technical indicators like the RSI are neutral at 54, while the MACD recently flashed a bullish crossover, hinting at building momentum. BTC remains above its 50-day moving average, strengthening its bullish setup. However, declining trading volume suggests traders are awaiting a decisive move. A strong breakout with volume would confirm a bullish continuation, while failure to hold key supports could trigger a deeper correction. Investors are watching closely for the next major move.
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#AirdropFinderGuide 📈 Bitcoin (BTC) Technical Analysis – April 28, 2025 Price: ~$63,500 Trend: Neutral to Slightly Bullish 1. Chart Pattern Daily Chart shows Bitcoin trading inside a symmetrical triangle, suggesting consolidation. A breakout above $65,000 could trigger a strong rally toward $70,000+. A breakdown below $61,000 would risk retesting the $58,500 support zone. 2. Key Support and Resistance Resistance: $65,000 → $68,500 → $71,200 Support: $61,000 → $58,500 → $55,000 3. Indicators RSI (Relative Strength Index): Around 54 (neutral, slightly bullish bias). MACD: Bullish crossover occurred last week, momentum slowly building. 50-Day Moving Average: Price is above the 50DMA (~$60,800), a positive sign. 200-Day Moving Average: Strong long-term support around $52,000. 4. Volume Volume has declined slightly during the recent consolidation phase, which is typical before a larger move. 📊 Summary BTC is in a "wait-and-see" zone. A break above $65K could lead to a bullish continuation toward $70K or higher. Failure to hold $61K could result in deeper pullbacks. Traders are watching for a breakout confirmation with higher volume.
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#TrumpTaxCuts In 2025, President Donald Trump unveiled a sweeping new tax cut proposal aimed at reigniting economic growth and combating inflation. Key features include reducing the corporate tax rate from 21% to 15%, expanding deductions for small businesses, and lowering income tax rates for middle-class Americans. The plan also introduces new incentives for companies to repatriate overseas profits and strengthens support for Opportunity Zones to encourage investment in economically distressed areas. Trump’s administration argues the cuts will stimulate business investment, create jobs, and raise wages across the board. Supporters believe it will provide relief to working families and maintain America’s global economic competitiveness. However, critics warn that the tax cuts could balloon the federal deficit and disproportionately benefit corporations and wealthy individuals. The proposal is expected to face significant debate in Congress, but early signs suggest strong Republican backing, setting up a major legislative battle in the coming months.
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In 2025, President Donald Trump introduced a major new tax cut aimed at boosting economic growth and easing inflation pressures. The plan includes lowering the corporate tax rate from 21% to 15%, offering expanded deductions for small businesses, and introducing middle-class tax relief through reduced income tax brackets. Trump’s administration argues these cuts will stimulate investment, create jobs, and raise wages. Critics, however, warn it could significantly increase the federal deficit and fuel further inequality. The proposal also includes incentives for companies to repatriate overseas profits and boosts for Opportunity Zones. Congress is expected to debate the package heavily, but early indications show strong Republican support.
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#XRPETFs In April 2025, the U.S. SEC approved three XRP futures ETFs by ProShares: Ultra XRP ETF (2x leveraged), Short XRP ETF (-1x inverse), and Ultra Short XRP ETF (-2x leveraged), launching April 30. Teucrium also launched the Teucrium 2x Long Daily XRP ETF (XXRP) earlier this month. These products allow exposure to XRP without direct ownership. Internationally, 21Shares offers the physically backed XRP ETP (AXRP) in Europe, managing over $600 million in assets. Brazil recently approved the Hashdex XRP Spot ETF, the country's first spot XRP ETF. Additionally, the Grayscale XRP Trust provides U.S. investors with indirect XRP exposure, though it operates as a trust, not a traditional ETF.
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