Bitcoin$BTC is staying solid above $104,000 even as the broader crypto market takes a breather. With traders eyeing historically bullish second-half trends, many believe a big move could be brewing. 👀
> “$BTC is consolidating bullishly. A breakout could open the doors to $145,000,” says LMAX Group’s Joel Kruger.
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🔍 What’s Happening?
BTC is currently hovering around $104,700, down slightly but holding firm.
$ETH is trading just below $2,860, still lagging behind its 2021 highs.
Market activity is calm following the Fed’s rate hold and cautious outlook.
Volatility has faded, but that could be the calm before the storm.
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📉 Short-Term Pressure, But...
Option markets show traders are hedging with more puts than calls.
BTC is stuck in a tight range: $102K–$108K.
But don’t be fooled — seasonal patterns favor a breakout in H2!
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🌐 Regulation Getting Clearer
Good news from the U.S. Senate: the stablecoin framework just passed, signaling a more crypto-friendly path ahead. Institutions are watching — and getting ready. 🏛️
> “We’re seeing real progress globally. That’s fueling confidence in long-term adoption,” Kruger added.
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🔮 What to Expect Next?
With H2 usually bullish for Bitcoin, many believe the worst may be behind us. If BTC clears resistance, a surprise rally could catch everyone off guard. 📈
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🧠 TL;DR: Bitcoin may be quiet now, but history says the second half of the year could explode. Eyes are on $145K — don’t blink. 😎
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