White House Tax Reform Ignites Cryptocurrency Market! Miners' Costs Plummet by 50%, Will a Trillion-Dollar Market Begin?
News:
On August 6, 2025, the White House released the 'Cryptocurrency Tax Optimization Framework', clarifying that Bitcoin miners only pay taxes when selling coins, and mining income does not need to be taxed immediately, avoiding 'double taxation'.
The new rules are expected to reduce miners' tax burdens by 30%-50%, promoting mining decentralization, and small to medium-sized mining operations may see a revival.
Market Sentiment: Miners are celebrating, with some leading mining operations stating, 'Holding costs are cut in half';
Institutions are aggressively accumulating, with CME futures positions surging 12% in a single day, and the Grayscale GBTC premium narrowing from -3% to 0.5%.
The social media topic 'Miner Tax Reform' has surpassed 500 million reads, with influencers joking: 'Miners are looking forward to a bull market more than us; no need to sell coins to avoid taxes!'
Technical Analysis: Bitcoin's weekly chart breaks the 2025 downtrend line, with MACD golden cross continuing and RSI stabilizing above 60.
The 'Head and Shoulders Bottom' pattern breaks the neckline at $115,000, with a target price directly aimed at $118,000; short-term strong support formed at $112,400.
Dragon Strategy:
Spot: Build positions in batches at $114,000-$116,000 for 30%, add 20% if it falls below $112,400; Contracts: Mainly long positions, stop loss at $112,400, take profit at $113,500.
Dragon's Risk Warning: Beware of the September Federal Reserve decision; if the rate cut is less than expected, a short-term pullback to $104,800 may occur.
Dragon's Future Outlook: Decreased selling pressure from miners, combined with the 2026 halving market, may lead to a long-term target price exceeding $120,000. Operation signals: Accumulate if the weekly stays above $114,000, take profit in batches when daily RSI is overbought and volume decreases.
Dragon's Conclusion: Policy dividends accelerate Bitcoin's transformation into a 'store of value'; now is the moment to grasp the resonance between technical and fundamental aspects—policy dividends are always the most profitable 'mining' method in the cryptocurrency space!
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