Market Setting : For weeks now, Bitcoin has been trading within a clearly defined falling channel, precisely adhering to both the top and bottom limits (three touches on the top, two on the bottom). This arrangement implies a structured pullback following a robust impulsive move to the upside in Q2. Market participants are carefully monitoring the price as it compresses inside this flag-like formation in order to see indications of a breakout or collapse.
Positive Fair Value Gap Response : A crucial bullish indication that demand entered at the inefficiency was when prices recently fell into a Daily Fair Value Gap (FVG) and then rebounded sharply. A retest of the channel's resistance-turned-support also aligns with the FVG, providing more proof for the bounce. This confluence zone serves as a launching pad for possible continuation.
Liquidity above ATH with Channel Breakout : The market story has changed from consolidation to possible expansion as price has now broken over the channel structure. Just below the All-Time High (ATH), which is a region that probably has a lot of stop orders and breakout purchases, is where the breakout zone is situated. A clean break or sweep above the ATH would not only invalidate the previous negative structure but would also start a new surge of optimistic momentum.
Possible Bull Flag Continuation : This chart displays a typical bull flag breakout from a structural perspective. We are now seeing bullish continuation potential in the 112,000ā114,000 area following a robust impulsive leg up and a regulated consolidation period. The ATH may turn into strong support for the following leg higher if it is breached and recovered.
Conclusion : A combination of market psychology and technological accuracy is what this kind of arrangement is all about; it's all about liquidity, momentum, and structure. This move may establish the tone for Bitcoin's next big rise, regardless of whether you've been waiting for confirmation or are already long.
The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump's "big, beautiful" tax bill would bankrupt America. A day after asking his followers on his X platform whether a new U.S. political party should be created, Musk declared in a post on Saturday that "Today, the America Party is formed to give you back your freedom."
Musk forms 'America Party' opposing Trump's tax bill
Musk's feud with Trump may impact Republican 2026 election chances
Tesla shares affected by Musk-Trump fallout, despite Musk's wealth
Musk criticizes Trump's tax bill as harmful to U.S. economy
Musk plans to unseat lawmakers supporting Trump's tax bill
BONK Explodes by 20% Daily as Bitcoin (BTC) Remains Solid at $108K Bitcoinās stagnation continues as the asset has made little to no attempt to move away from the $108,000 level.
While most larger-cap alts have produced insignificant gains, TON and BONK have emerged as the biggest gainers on a relatively calm Sunday morning.BTC Calm at $108K
The biggest gainers are TON and BONK. The former has risen by over 9% and sits at $3, while the meme coin has exploded by 20% and now trades at $0.000022.
The cumulative market cap of all crypto assets has remained relatively stable at $3.4 trillion on CG. #HODLTradingStrategy
#OneBigBeautifulBill $BTC Markets are anxious as the critical July 9 deadline looms, and the government is threatening a 50% tariff. If he were to ever be re-elected, former U.S. President Donald Trump has warned that he may slap import duties of up to 50% on goods from certain countries, a move that has the potential to alter the course of international commerce. The notification is issued only days before the deadline of July 9, when President Biden's administration must make a decision about maintaining the Trump-era tariffs on Chinese products. Trump's aggressive strategy involves a 10% uniform baseline tariff on all items from other nations, as well as a planned 60%ā70% blanket tariff on imports from China. What is our objective? To punish countries Trump believes are "cheating" on trade, lessen reliance on foreign suppliers, and strengthen domestic production. Why It Counts: These extreme tariff policies may have wide-ranging repercussions:
A 50% tariff on Chinese imports may prompt retaliation, reigniting a trade conflict between the United States and China. The Pressure of Inflation: The Federal Reserve's inflation management may become even more difficult if import prices rise, which might cause consumer prices to rise.
Volatility: As investors consider policy uncertainty and the potential for an economic slowdown, there may be greater volatility in equities and commodities. The judgement made on July 9 is crucial. The political pressure from both parties, particularly in an election year, may affect the result even if Biden has adopted a more moderate stance on trade.
The effects are anticipated by investors, producers, and heads of state from around the world. We may be entering a period of increased protectionism and economic nationalism if Trump's rhetoric has an impact on real politics. This uncertainty could favor decentralized assets like gold and Bitcoin, which frequently serve as a hedge against macroeconomic instability and fiat currency pressure, for the cryptocurrency community.