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đđ° Hong Kong now accepts Bitcoin as proof of wealth for residency applications under its investment program. Itâs an official nod: BTC isnât just code but capital. Crypto keeps sliding deeper into the global financial system.#Bitcoinâ
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Thought for 5 seconds Based on what weâre seeing on the 15-minute candles for SOPH/USDT: Trend: Price has been in a clear down-trend over the past several hours, making lower highs and lower lows. Moving Averages: The 7-period MA (yellow, ~0.0568 is below the 25-period MA (pink, ~0.0589, which in turn is below the 99-period MA purple, ~0.0625. That alignment short MA under mid MA under long MA is the textbook definition of bearish momentum. Volume: After the large sell-off, volume has tailed off, suggesting there isnât yet strong buying interest to drive a sustained reversal. Recent Price Action: You did see a small green candle off the 0.0558 low, but itâs rotating right at the 7-period MA. Until it can break and hold above that and ideally vault the 25-period MA around 0.0589 on good volume, itâs liable to grind sideways or roll back down. Outlook for the next 12 hours Unless we get a fresh catalyst e.g. a big volume spike pushing price above ~0.0570 and then ~0.0589, the path of least resistance remains to the downside or sideways chopping around 0.056â0.057. In other words, not a bullish setup yetâkeep an eye on those moving-average levels and volume for any genuine turnaround signal.
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#ShareYourTrades $SOPH .
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đ¸ Bitcoin Conference in Vegas set a Guinness World Record for most Bitcoin payments in a single day. Thousands paid with BTC like it was nothing special. Mass adoption begins when paying in Bitcoin feels normal.#Bitcoin2025
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Did you know Starbucks actually accepts Bitcoin? And itâs not some one-country experiment, crypto payments are going global. The sad part is that most retailers and cafes arenât doing it for the love of decentralization. They just want to dodge 2.5% card fees and hedge against inflation. Still, like it or not, itâs a step toward real-world crypto adoption.#Bitcoin
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