1. U.S. regulatory progress & political momentum
Two key crypto-focused bills are advancing in Congress: the CLARITY market-structure and GENIUS stablecoin acts—both moving forward, reflecting growing bipartisan support .
Coinbase has boosted its political influence by adding former adviser David Plouffe, signaling more robust crypto lobbying .
2. Market reaction & volatility outlook
Bitcoin edged down ~1.6% to about $107,700 after testing near $110K, with inflation data weighing on traders .
Analysts note that while intraday momentum is cooling and short-term indicators like MACD/RSI are showing bearish divergence, the broader bullish trend remains intact above key support zones (~$106K–$107K) .
3. Institutional strategy & valuation debates
Short-seller Jim Chanos criticized MicroStrategy for trading above the underlying BTC value, calling it “financial gibberish,” and sees an opportunity in shorting the stock while buying BTC itself .
GameStop’s pivot into crypto—acquiring 4,170 BTC funded by $1.75B in convertible notes—has spooked investors and weighed on its share price .
4. Global regulatory updates
The UK’s FCA is contemplating lifting its ban on retail crypto ETNs, though experts expect modest impact compared to markets like the U.S. .
Legislation in various countries, including state-level Bitcoin reserve proposals in the U.S., shows continued global regulatory interest .
5. Forecasts & Analyst Views
Optimistic predictions: institutions like Bitwise see BTC reaching $150K–$230K by end‑2025, with $1M long-term projections from people like Michael Saylor .
Technical setup: key resistance (~$110K–$111K) needs to break for further gains, while support around $106K–$107K is critical .
---
🔍 Summary & Takeaway
Price: Slight pullback after touching ~$110K. Short‑term momentum cooling, but no signs of a major reversal yet.
Regulation & policy: Crypto-friendly bills progressing in the U.S., and the UK is easing restrictions—a positive environment overall.
Institutional adoption: More mainstream entities (Coinbase, MicroStrategy, GameStop) active in the space, though some valuations raise debate.
Outlook: Technically consolidated; breaking resistance could trigger renewed rally. Watch the $106K–$111K price zone closely.
---
Would you like me to:
Dive deeper into specific regulatory bills?
Analyze technical charts (e.g. 4‑hour/daily)?
Provide strategy ideas (e.g. support/resistance or trade setups)?
Just say the word.
#BTC #BinanceHODLerHOME #TrumpTariffs #Tradersleague #CryptoRoundTableRemarks $BTC