Trend: Still in a downtrend, but showing initial signs of bottoming around $0.24–$0.27
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🔍 Technical Breakdown:
1. Trend:
Macro Downtrend: Price fell from $0.41699 and made lower highs/lows.
Recently found support at $0.23860 and made a small bounce.
Currently struggling to break above the $0.278–$0.285 resistance.
2. Support & Resistance:
Strong Support: $0.238–$0.245 zone
Immediate Resistance: $0.285–$0.289
Major Resistance: $0.308–$0.347
3. Momentum:
Today's price is slightly red (-0.74%), but 30-day return is +70.8%, meaning buyers have recently entered.
Order book shows slight bearish pressure (Ask > Bid).
Short-term RSI/MACD (not shown but inferred) likely flattening after bounce.
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📈 Next Price Movement Prediction:
Direction Reason
🔼 Bullish Breakout (if above $0.289) Break above consolidation zone and continuation of rebound from $0.238 🔽 Bearish Pullback Rejection at $0.285 zone → retest $0.250 or even $0.238
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🧭 Trade Setups:
✅ Bullish Trade Setup (on breakout):
Entry: $0.285 – $0.290 (on 1H/4H candle close above resistance)
Target 1: $0.308
Target 2: $0.347
Stop-loss: Below $0.268
Risk-Reward: ~2.5:1
📌 Wait for confirmation above resistance before entry.
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⚠️ Reversal Catch (High Risk):
Entry: $0.270 – $0.272 (current zone, if you expect bounce continuation)
Target: $0.285 → $0.300
Stop-loss: Below $0.259
Use tight risk management. Only for aggressive traders expecting bounce.
❌ Bearish Setup (if fails to hold support):
Entry: On breakdown below $0.259
Target: $0.245 → $0.238
Stop-loss: Above $0.273
🧠 Summary:
Bias: Neutral to Slightly Bullish (short term)
Key Watch Levels:
Breakout: $0.289 = momentum long
Breakdown: $0.259 = likely to revisit lows
Best Play: Wait for breakout or enter with tight stop near support.
Note: I'm not your financial advisor do your own research before entering in the market .
#GameStopBitcoinReserve The Pakistan Crypto Council's (PCC) launch might mark the beginning of a revolution in creativity and economic opportunity. Pakistan has changed from being one of the most indecisive nations in the world regarding the legality and regulation of cryptocurrencies to one of the most proactive, adopting blockchain technology and digital assets in a manner that could provide exponential advantages and perhaps even place the nation as a leader in the global digital economy. The council intends to establish a framework that safeguards investors while also promoting the development of the emerging cryptocurrency industry by promoting an atmosphere of innovation and regulation. By balancing regulation for security with encouragement for entrepreneurial attitude, this dual strategy guarantees that Pakistan may take advantage of blockchain technology's advantages without jeopardizing the integrity of its financial system. The digital currency has already gained greater credibility as a result of recent actions in the worldwide crypto market, such as the UAE's huge investment in the crypto exchange Binance and US President Donald Trump's efforts to establish a strategic crypto reserve. In this regard, well-considered cryptocurrency regulations might also lessen foreign exchange pressure on the rupee, but any hastily executed measures could backfire just as easily. Additionally, although it is frequently praised for its security measures, cryptocurrency is still susceptible to illegal usage and has been the focus of a number of investment frauds. Consider, for example, the meme currencies that Trump and his wife, Melania, launched. The Trump coin has dropped more than $12 billion from its market capitalization in just a few days, trading at only $12 after reaching a high of $74. Melania's meme coin has been much more erratic, fluctuating from over $7 billion in market capitalization in January to only $375 million at now.
Google releases new AI model as ChatGPT retains 43% market share
ChatGPT dominated the AI tools market with a 43% market share, while competitor DeepSeek ranked third with just 6%. Gemini 2.5, Google's newest experimental artificial intelligence model, was launched; it placed second in a competitive leaderboard for AI-driven web creation tools. Google said on March 25 that developers would be able to test Gemini 2.5 Pro. The organization referred to it as a thinking model that could reason through ideas before providing a response. According to Google, this enhances performance and accuracy overall, but especially in mathematical, scientific, and programming activities. Gemini 2.5, it stated, d4pZt4Tf12c2fcment aware agents. Google reported that the new AI model excelled in science, mathematics, reasoning, and knowledge, citing self-reported data collected by the AI benchmarking site LMArena. Gemini 2.5 was dubbed Google's "most intelligent AI model" by the company. Google’s new model ranks second in web dev leaderboard In the WebDev leaderboard of LMArena, a real-time AI coding contest where models compete in web development tasks developed by the AI benchmarking platform, Google's latest AI model came in second. With an arena score of 1267.70, The AI model outperformed rivals like ChatGPT, Grok, and DeepSeek. However, with an arena score of 1354.01, Anthropic's AI model Claude 3.7 Sonnet took the lead.
ChatGPT dominates the AI tools market OpenAI's ChatGPT continues to lead the AI tools market, even if several businesses are attempting to enhance the performance of their models. The AI chatbot logged over 40 billion annual visits in 2024, accounting for around 40% of the market. According to data from the AI statistics and usage trends platform aitools.xyz, the AI tools market received a total of 101 billion visits during the year. With 10.4 billion visits and a 10.25% market share, Canva's AI generator came in second.
New competitors have emerged in the market for AI tools lately. According to the data from February, DeepSeek's AI tools increased in popularity and are currently ranked third with a 6.58% market share. With a growth rate of 195% and 792 million monthly visits. DeepSeek leads the Trending list as well. ChatGPT still leads the field, maintaining a 43% market share and 5.2 billion monthly visits as of February.
BTC: Bitcoin price surge has breathed new-life on the topic of inevitable runs towards 90k with upwards price action through vital resistance levels. After more than five weeks of sideways trading around 60,000, the bitcoin broke up sharply in mid-July 2023 and soon shot up to 68,500. Its highest point since April illustrates that robust technical indicators, positive macroeconomic tailwinds and solid on-chain fundamentals are an impetus for this rally. Analysts argued about whether Bitcoin can maintain momentum and break through the 90,000 threshold as institutional interest rises and markets jumble. This is an in-depth analysis of the factors affecting the price dynamics of Bitcoin, together with future developments. Technical Analysis The technical configuration of Bitcoin has been relatively positive, and several signals show strength. Golden Cross
Early July’s 50-day moving average (50-DMA) rose above the 200-DMA, a typical bullish indication usually preceding protracted rises. Historically, this pattern has followed 50–100% increases within six months. RSI Momentum On weekly charts, the Relative Strength Index (RSI) is 65, much below the overbought zone (70+), indicating an opportunity for upward movement before a correction. MACD Breakout June saw a positive flip in the Moving Average Convergence Divergence (MACD) indicator; the histogram shows growing bullish momentum. Furthermore, shattering critical resistance levels is price action. Bitcoin’s weekly close above 65000 — 65,000—a level that capped gains in May and June—has cleared the road towards 70,000. “Are tests of 65K breakout critical?” trader Josh Olszewicz stated. “AA test of 70K is approaching; a close above that allows access to $90K.” On-Chain Metrics Bitcoin price surge data shows rising confidence among long-term investors and big holders (whales): The highest monthly accumulation since January 2023, whale activity addresses possessing 1,000+ BTC bought 80,000 coins Exchange Outflows Last month’s over 150,000 BTC ($10B) departed exchanges lessened immediate sell-side pressure.HODLer Empathy Per Glassnode, the record high % of BTC supply inactive for more than a year came to 68%. Furthermore, the 2.1 Market Value to Realized Value (MVRV) ratio gauges profit/loss throughout the network, showing the asset is valued at historical bull market peaks. Macro Tailwinds The surge of Bitcoin corresponds with the changing macroeconomic environment that supports risk assets: Fed Cut in Rates Based on CME FedWatch, bets markets now reflect a 75% possibility of a September rate drop—reduced rates lower Treasury yields, which increases the appeal of non-yielding assets such as Bitcoin.DXY Drop The declining 4% U.S. Dollar Index (DXY) in Q2 2023 increased the attraction of Bitcoin as a dollar substitute. BTC and DXY have a historically 85% adverse relationship. In June, inflation cooling U.S. CPI decreased to 3% YoY, therefore allaying concerns about extended tightening of monetary policy.”Bitcoin is functioning as a hedge against monetary debasement again,” said investment consultant Lyn Alden. “The Fed’s turn of direction is a crypto green light.” Institutional Demand
Bitcoin’s 2023 comeback has revolved chiefly around institutional inflows: Track ETF Inflows. In July, U.S. Bitcoin ETFs added 28,000 BTC ($1.9B), with BlackRock’s IBIT commanding 60% of activity. Raising its total holding to 226,000 BTC futures open interest with CM, with Bitcoin futures open interest above $12B, the 2023 high institutional interest is indicated. Family offices are significantly raising crypto investments. Rising from 19% in 2022, 32% of institutional investors intend to increase their crypto exposure in 2023, according to a Goldman Sachs poll. Market Sentiment From 40 (fear) in June, the Crypto Fear & Greed Index scored 75 (greed) in July. Sentiment still lags behind the 2021 bull run (index > 90). Though measured, retail activity is rising. Google Trends searches for “buy Bitcoin” show a 50% MoM increase, but are still 70% below levels by 2021. Derives Data Positive funding rates for perpetual futures (0.01–0.03%) show good leverage but steer clear of the extremes witnessed in past cycles.”This is a healthier rally—less froth, more conviction—note analyst Brian Quinlivan of Santiment.” Road to $90K The bitcoin price surge has to negotiate critical obstacle zones into $90,000:$70,000 immediate resistance—psychological barrier and April 2024 peak. Fibonacci Approaches A breakout over 70,500, the 1.618 Fib extension of the 2023–2024 surge, and $89,000, the 2.0 Fib barrier, might send BTC to 78,500. With just 5% of addresses holding BTC, On-Chain Barriers Into the Block data reveals minimal resistance between 72K and 72. Experts underline that the surge needs trade volume as well. The daily volume of Bitcoin has averaged 30 B i n J u l y — s o l i d b e l o w t h e 30B. in July—solid but below the all-time high from March. Conclusion Bitcoin price surge, on-chain, and macroeconomic fit of Bitcoin point to a durable increase. A run toward $90,000 finds a suitable backdrop from institutional demand, Fed dovishness, and supply constraint. But the road will be erratic, with corrections testing investor willpower. The approach is evident for traders: respect essential support levels (65K, then 60K), track ETF inflows, and avoid leverage. Bull markets climb a wall of anxiety, as the market adage goes. Though the wall of Bitcoin appears steep in 2023, the perspective from $90,000 could be well worth the ascent.