#GENIUSAct #SaylorBTCPurchase $BTC the word of the day | Sam Yoshi on Binance Square

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#GENIUSAct #SaylorBTCPurchase $BTC the word of the day

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#USChinaTradeTalks China has approved some rare earth export licenses, but details remain unclear. President Trump claimed China agreed to resume rare earth trade, though U.S. officials say exports are not meeting expectations. Economists warn Trump's trade policies are hurting global growth, with the OECD lowering its global growth forecast from 3.1% to 2.9% due to rising trade barriers. Meanwhile, China's latest data shows exports in May rose 4.8%, but imports dropped 3.4%, a sharper decline than expected

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Let's dive into the Bitcoin analysis and major crypto indexes. In this review, as usual, I'll cover the key futures triggers for the New York session. 1-Hour Timeframe As you can see in the 1-hour timeframe, Bitcoin formed a higher low yesterday and has now reached the 105087 resistance. It seems likely that this level will be broken soon. * Currently, a candle has closed above 105087, but price hasn't yet confirmed a breakout, and the move hasn't taken off. For a long position, we can enter once the price confirms a breakout above this level. If 105087 breaks, price could target 106586. The main long position will be opened upon breaking 106586. - Strong buying volume is a very good trigger for this setup. RSI entering the Overbought zone would also provide a powerful momentum confirmation, and price could rise accordingly. * If the current upward move fails and price falls below the recent low, we can open a short position upon breaking 103899, targeting 101750. #cryptofees101 #BigTechStablecoin $BTC

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