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🚨 JUST IN: 🇺🇸 US unemployment rate climbs to 4.2%, higher than expected. ⚠️
📊 Markets on edge as job data fuels economic uncertainty
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#BTCPrediction *BTC Price Prediction** - **Bullish Scenario:** If BTC holds above $96,500 (Strong Low) and breaks the Previous Day High (Liquidity Zone), it could target **$98K–$100K**. - **Bearish Scenario:** Failure to hold $96.5K may lead to a dip toward **$95.5K–$94.5K** (next support). ### **Actionable Insight** - **Watch $96.5K:** Key pivot level. A bounce here could signal a buy opportunity. - **Break Above Liquidity Zone (Previous Day High):** Confirm with volume for bullish continuation. **Short-term Outlook:** Neutral-to-bullish if support holds, but monitor for liquidity shifts.
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#MEMEAct US Senator Chris Murphy has introduced the "MEME Act" aiming to prevent federal officials, including the President and members of Congress, from issuing or promoting assets like meme coins. This move addresses concerns about public officials potentially using their position for personal financial gain through speculative digital assets. Politicians should avoid launching or promoting meme coins because these assets are often highly volatile and lack intrinsic value, relying heavily on social media hype. Endorsements from public figures can mislead investors, create the appearance of impropriety or conflicts of interest, and expose citizens to significant financial risks in unregulated markets.
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$BTC current price 97,246, high open interests, short positions 61%. Few days ago, I read on Square that a trader said it will crash, but I didn't think so, it risen as my prediction. With current price, you can sell short now. But I still recommend to sell short higher price Entry: 98,350 - 98,500, it might rise up to 98,890 Target: 93,310 - 89,300. If it dump, it will back to 81k-82k Leverage: x20-x25 SL: 100,5k Good luck guys! (Updated leverage, it should be x20-x25 instead of x10 after calculated, if it rises to 100k, just lost 15%, not too much)
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According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless then. #USHouseMarketStructureDraft
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🇺🇸 US House Financial Services and Agriculture Committees jointly release draft crypto market structure bill. #FOMCMeeting
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Bitcoin News Today: Bitcoin Bulls Load Up on Long Positions as Fed Holds Rates Steady
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