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Party's Over Folks, Short Trades incoming
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@cryptogeek007
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🚨 BTC **Huge Ascending Broadening Wedge** on the $BTC Dominance** has been observed 👀 When one goes down, the majority of** #Altcoins** will reach ATH (all-time highs) 🚀 I still believe this season will be** Fantastic ** ❤️🔥 It's just a matter of time definitely we will rise hard 💥 #SpotVSFuturesStrategy #bitcoin
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#OneBigBeautifulBill 🚨 5 Trillion dollars. One pen stroke. Welcome to the new financial reality. President Trump just signed the “One Big Beautiful Bill”, instantly raising the U.S. debt ceiling by $5T — the largest jump in history. ❗It doesn’t mention crypto… but crypto is at the center of what’s coming next. 🧠 Think about it: • More debt = more printing = weaker dollar 💸 • Investors run to scarce, hard assets: Bitcoin, Gold, RWAs • Big money doesn’t wait. They hedge first. Retail follows late. 📈 In 2020, a smaller stimulus pumped BTC by +167%. What do you think $5 Trillion will do this time? 👀 What I’m watching now: • BTC to reclaim $110K+ • Institutional flows into ETH, SOL, and BlackRock’s RWA tokens • Altcoins like LINK, XRP & WLFI prepping for breakout 🧨 This bill might not say “Bitcoin”… But the market just heard it loud and clear
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Technical Analysis: $BTC Bitcoin is sandwiched between two major levels, the monthly open and the weekly open. Above the monthly we have a clear breakout with clear skies up to 86-88k. Below the weekly open, we could see a breakdown that brings us to new lows. Though currently it feels like both are very dependent on either positive or negative news. Follow today's daily watchlist triggers for a move in either direction.
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Wednesday registered the third best day in stock market history, with Bitcoin rising close to 12% from the lows so far. This came after Trump set all reciprocal tariffs to 10% for the next 90 days, yet China's tariffs were upped to 125%. This created immense volatility and caught up the recent losses from earlier this week. Volatility should continue, this should make for a good day trading environment. Not too sure if this move up holds, or if there is anything in store left for markets to go through. So I will continue sitting it out as I prepare for my next major positioning over the next week. Will elaborate on tomorrow's post. Have a good day and trade carefully!!!
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$BTC Technical Analysis Market continuing to look heavy here, so I will focus on Bitcoin for whatever flush happens. I still think we are waiting on such a move. I have a few levels marked below, such as the $71400 level and other levels just above. I think that these could be good for limits to be set. I am also waiting on more clarity from global markets. We aren't seeing the best of signs right now. Longs are not to be considered until conditions improve. Will continue to follow the weekly watchlist plan.
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Latest News
U.S. Congress May Accuse Powell of Perjury Over Federal Reserve Renovation
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Ethereum(ETH) Surpasses 3,600 USDT with a 7.48% Increase in 24 Hours
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Stablecoin and Industrial Digital Assets Discussed at Recent Seminar in China
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BNB Surpasses 730 USDT with a 2.21% Increase in 24 Hours
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SEC Considers 'Innovation Exemption' Following Stablecoin Legislation
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