$BTC $BTC Update ā King of Crypto Holds Strong! Bitcoin is showing resilience once again as it consolidates above key support levels. Eyes are on the next big move: A breakout above resistance could trigger a rally to $72K+ If support fails, a dip to $63K may follow With CPI data out and market sentiment shifting, volatility is expected. Traders are watching for confirmation: bullish momentum or correction phase? Smart money is already positioning. Stay sharp
#CryptoRoundTableRemarks šØ Regulatory Pivot: U.S. Crypto Policy Enters a New Era! šØ āļø Big News in Crypto! The SEC's approach to digital assets is evolving, and itās a game-changer! After the May 12 roundtable, Chairman Paul Atkins dropped a major signal: the SEC is moving away from "regulation by enforcement" and gearing up to create clearer, functional rules for crypto! šš¼ What does this mean for the future? Well, here's what you need to know: 1ļøā£ Custody Expansion š: Institutions will soon have more freedom to safety hold$BNB BNBUSDT Perp 652.17 -5.28% digital assets. Expect more flexibility for secure storage! 2ļøā£ Legal Clarity š: Some crypto assets may not be classified as securities ā a possible game-changing move that could open doors for exemptions and safe harbour frameworks! šŖš” 3ļøā£ Commission Divide āļø: The SEC Commissioners are split! Hester Peirce is all for innovation and tokenization of assets, while Caroline Crenshaw is cautious about regulatory favouritism that could distort the market. š¤ā” Bottom line: If this policy shift sticks, U.S.-based crypto projects could experience major growth š, while institutional investors might start to get more involved. This could be the moment crypto fans have been waiting for! š¤š„
#CryptoCPIWatch Today's CPI Forecast At 15:30 the US inflation report (CPI) is released. The inflation rate is expected to be 2.4%, the same as in March. āļø Here are the possible scenarios: š“ 1. CPI above 2.4% This will be negative for markets in the short term, especially given that the data came in below expectations last time. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets. š 2. CPI at 2.4% In this case, the market is likely to rise as the overall bullish sentiment remains. š¢ 3. CPI below 2.4% This is the best-case scenario that could drive Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of a rate cut this year. #TradeLessons #CryptoCPIWatch #SaylorBTCPurchase #AltcoinSeasonLoading #StrategyTrade $BTC $ETH
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