EffiCruze

06.08.2025 past 24 hours in crypto:

Bullish plans to raise $629M in US IPO, targeting $4.2B valuation.
Saylor’s firm bought 376,571 BTC ($43.2B) since Trump’s election, 60% of its holdings.
CZ says Trump’s new executive order supports international crypto banking.
Binance Futures volume hit $2.55T in July, highest in 2025.
Coinbase now supports PayPal crypto purchases in Canada.
Brazil to hold Aug 20 hearing on national Bitcoin reserve proposal.
Trump says Fed governor decision due this week; four candidates under review.

#MichaelSaylor #CZ #binancefutures #coinbase #TrumpCrypto

BTC Market Update 06.08.2025

Bitcoin is currently bouncing off the $111,980 level, a key horizontal level previously acting as
resistance during the June–July breakout. This bounce signals a potential short-term defense by
buyers, though market structure suggests a deeper retracement into the demand zone ($110K-
$107k) remains on the table.

Key Zones:
• Supply Zone: $120,000–$124,000
• Support to Watch: $111,980
• Demand Zone: $107,000–$110,000
• Next Major Resistance (Macro Target): $150,000 (with interim confluence around
$141,000 based on +2σ deviation and psychological levels)

All signs point to this being a controlled retracement within a broader bullish trend. As long
as Bitcoin holds the demand zone between $107K–$110K, the structure remains primed for
continuation. A sweep and reclaim of this zone would likely act as the final accumulation phase
before the next expansion leg. With the macro backdrop, psychological magnet at $150K, and
technical confluence around the $141K–$150K zone, Bitcoin appears to be gearing up for its
next major move higher — and the window for entry may be closing fast.

#BTC #bitcoin #Market_Update #BTCUnbound #BitcoinUpdate

89% probability of "Rate Cut" in September.

Rate cuts are generally Bullish for the market..!

Hello everyone! here is my first on binance square. I will share market updates, buy sell guidance soon here. Stay connected and follow for more thanks

good one 👌