$BTC $BTC update !! Bullish Pattern so far , Volume is not m | Elna Leckman p2nz on Binance Square

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Elna Leckman p2nz

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$BTC $BTC update !!Bullish Pattern so far , Volume is not much but Insituations holdings matter.
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$BTC Opened BTC short position at 8:12 AM It's almost 4 PM now, and the price has returned to my opening position area 🤣🤣🤣 I don't know if the market will go down.

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#BTCPrediction #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. $BTC

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#MEMEAct 🔥 Trump’s Crypto Empire Sparks Political Firestorm! Donald Trump is back in the crypto headlines — and this time, it’s shaking up Washington! The former U.S. President has reportedly entered the crypto scene with a jaw-dropping $2 billion stablecoin partnership and even launched a meme coin competition that’s gone viral. But this bold move hasn’t gone unnoticed… Lawmakers are pushing back hard, proposing a bill that would ban government officials from investing in or publicly supporting any crypto projects — a direct response to what many see as Trump’s growing influence in the blockchain world. So, what does this mean for crypto? 1. Politics Meets Blockchain Trump's entrance adds a whole new layer of controversy — and legitimacy — to the crypto space. Whether you love or hate his politics, one thing’s clear: he’s putting digital assets on center stage. 2. Regulation Is Coming Fast Expect tougher rules — and more headlines — as governments scramble to regulate this fast-evolving space before the 2024 election season heats up. 3. The Trump Effect Like it or not, Trump’s voice carries weight. His support could pump certain coins — especially meme tokens — while triggering debates about fairness and market manipulation.

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$BTC The big drop in BTC has already begun The first round of decline is roughly around 89000 On May 2, after the non-farm payroll data was released, BTC broke through to around 97800. After reaching this position, there was obviously a lack of momentum, which indicates that the main force created a false breakout. This is essentially a trap set by the main force to lure retail investors into buying. It can be clearly seen that after BTC's price reached around 97800, it quickly fell back into the range of 92800 to 95700. From 97800 to 93500, the decline exceeded 4300 dollars. If BTC wants to continue to rise, it must stabilize above the pressure level of 95700. However, it is clear that it did not stabilize and quickly fell down. Moreover, the upward momentum is currently very weak, so I am bearish on the subsequent market. There are several key points to pay attention to in the subsequent market. The first point is 95700, which is the key pressure level for upward breakout. If there is to be further upward movement, this pressure level must be broken and stabilized. I believe it is highly unlikely to go up, so it is possible to short at this position, which is still profitable. The second point is 92800, which is a strong support level. Once it is broken, we will head towards around 90000. A bit lower, around 88000 to 89000, basically indicates the end of the first round of decline. For the subsequent market, we will need to adjust and analyze based on the actual situation.

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#USHouseMarketStructureDraft 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 the sale confers ownership or claims to the company's profits or assets.

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