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#AVAX chart update
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$BTC *📊 BTC 4H Chart Update – Key Trendline in Focus!* Bitcoin is currently hovering just above a major ascending trendline that has been respected since April — acting as strong dynamic support across multiple months. 🔍 Chart Insights: Price is approaching the trendline support after a healthy pullback from local highs. As long as BTC holds this trendline ($113,000–$113,500 zone), the bullish structure remains intact. A bounce here could trigger a move back toward $117,000–$120,000 levels. But a confirmed breakdown below the trendline (especially below $113K) may lead to further downside toward $110,000–$108,000. ⚠️ Scenarios to Watch: 🟢 Bounce from trendline = long setup toward 117K+ 🔴 Break & retest below trendline = short setup to 110K zone 📉 Volume confirmation + candle close is key ✅ Structure: Still bullish 📍 Decision zone: Right here, right now!
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The #CFTCCryptoSprint , launched on August 1, 2025, is a fast-track initiative to bring regulatory clarity to digital assets. Spearheaded by Acting Chair Caroline Pham, it aims to allow spot crypto contracts to be traded on CFTC-registered exchanges, marking a major shift toward federal oversight. This initiative aligns with broader legislative efforts like the GENIUS and CLARITY Acts. The CFTC is seeking public input through August 18, with potential rule changes to follow. The Crypto Sprint reflects a growing push to establish the U.S. as a global crypto hub with transparent, regulated, and secure digital asset markets.
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Money 🤑
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#BTCReserveStrategy BTCReserveStrategy Coinbase CEO Brian Armstrong has called for governments worldwide to establish strategic Bitcoin reserves, arguing that cryptocurrencies represent "the next chapter of capitalism." This comes as several nations consider adding Bitcoin to their national reserves as a hedge against inflation and currency devaluation.
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Crypto News: Bitcoin and Ethereum Approach Breakout Zones Amid Political and Technical Catalysts According to 10X Research
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