#BTC Bitcoin is back above $97,000 all eyes on $100,000 targ | Linn Stove mOdt on Binance Square

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#BTC Bitcoin is back above $97,000all eyes on $100,000 target 🚀
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$BTC price is edging below $102,000 at the time of writing on Thursday after repeated rejections at the $105,000 resistance over the past five days. Traders look towards Turkey, where Ukraine-Russia peace talks are held, although chances of a major breakthrough look dim as neither US President Donald Trump nor Russian President Vladimir Putin are expected to attend the meetings. $BTC

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#CryptoRegulation India occupies a middle ground with no outright ban but also no full legalization of cryptocurrencies. The government has imposed a 30% tax on gains from crypto trading and a 1% tax deducted at source (TDS) on transactions above certain thresholds. The regulatory environment is shaped by multiple authorities: the Reserve Bank of India (RBI), Ministry of Finance, Securities and Exchange Board of India (SEBI), and the proposed Digital Currency Board of India (DCBI). India’s 2021 Cryptocurrency and Regulation of Official Digital Currency Bill aims to ban private cryptocurrencies while allowing a Central Bank Digital Currency (CBDC) issued by the RBI. The government supports blockchain technology but restricts private crypto use due to concerns over money laundering and fraud

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$BTC BTC 🚨 Trap or Breakout? BTC at the Edge of a Major Rejection Zone! 📍 We’ve pushed into the Quasimodo Strong Sell Level, right after a clean break of the trendline and bounce from the buy zone. But don’t get caught chasing — this is where Smart Money unloads. 🧠 The market just rallied into a high-probability distribution zone — and it’s flashing red. This isn’t strength — this is a bull trap in disguise. 🔍 Why I’m Bearish at This Level: ✅ Price tapped into a previously unmitigated Quasimodo supply zone ✅ Trendline break was clean — but liquidity grab may be complete ✅ No volume continuation above $104,180 — signs of absorption ✅ Wicks are stacking up = hidden selling pressure ✅ Strong rejection history at this level — Smart Money has sold here before 📊 Bearish Scenario in Play: 🎯 Target Zone: $103,330 (Back into Quasimodo Buy Region) 🛡️ SL Above: $104,620 💥 Risk/Reward: Highly asymmetric — short setups here are textbook ⚠️ This is where emotions run hot — but logic wins trades. If you're long here, you're swimming against the current. 📉 Expect pullbacks. Watch for a lower high. And be ready to strike. 💬 Drop a “👀” if you're tracking this rejection live! ✅ Like | 🔁 Share | 🔔 Follow for no-BS setups backed by institutional structure, not guesswork. Disclaimer: This post is for educational purposes only. It is not financial advice. Always do your own analysis and manage risk appropriately before trading. $BTC

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$BTC BTC 🚨 Trap or Breakout? BTC at the Edge of a Major Rejection Zone! 📍 We’ve pushed into the Quasimodo Strong Sell Level, right after a clean break of the trendline and bounce from the buy zone. But don’t get caught chasing — this is where Smart Money unloads. 🧠 The market just rallied into a high-probability distribution zone — and it’s flashing red. This isn’t strength — this is a bull trap in disguise. 🔍 Why I’m Bearish at This Level: ✅ Price tapped into a previously unmitigated Quasimodo supply zone ✅ Trendline break was clean — but liquidity grab may be complete ✅ No volume continuation above $104,180 — signs of absorption ✅ Wicks are stacking up = hidden selling pressure ✅ Strong rejection history at this level — Smart Money has sold here before 📊 Bearish Scenario in Play: 🎯 Target Zone: $103,330 (Back into Quasimodo Buy Region) 🛡️ SL Above: $104,620 💥 Risk/Reward: Highly asymmetric — short setups here are textbook ⚠️ This is where emotions run hot — but logic wins trades. If you're long here, you're swimming against the current. 📉 Expect pullbacks. Watch for a lower high. And be ready to strike. 💬 Drop a “👀” if you're tracking this rejection live! ✅ Like | 🔁 Share | 🔔 Follow for no-BS setups backed by institutional structure, not guesswork. Disclaimer: This post is for educational purposes only. It is not financial advice. Always do your own analysis and manage risk appropriately before trading. $BTC

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#TrumpTariffs Breaking News💥 🇺🇸🇨🇳 President Trump says "we're leading China in crypto." President Trump’s claim that the U.S. is leading China in crypto comes amid his family’s $TRUMP memecoin venture, which has raised ethical concerns due to profits funneling directly to the Trumps, as reported by The New York Times on May 13, 2025. A small, financially struggling company with China ties announced a $300 million purchase of $TRUMP and Bitcoin, potentially inflating the memecoin’s value, despite its lack of utility beyond speculation, highlighting the speculative frenzy around Trump’s crypto projects. The U.S.-China tariff war, escalating as of Reuters’ May 14, 2025, report, has indirectly impacted crypto markets, with some experts noting it could decentralize Bitcoin mining, though China still dominates, controlling a significant share of global hashrate per CCN’s April 2025 analysis. #TrumpTariffs

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