Current Status & Technical Overview • Bitget’s one-day technical rating shows a neutral bias, but the moving averages signal a “Strong Buy”, while oscillators are mostly neutral. Pivot levels place Bitcoin between support at ~$115,292 and resistance near $118,689 (depending on method used). • Barchart data indicates that Bitcoin’s price (~$116K) is above its 5-day and 50-day averages, but slightly below the 20-day average, with RSI hovering in the neutral zone (~55).
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Price Forecasts • Traders Union expects a modest rise to ~$119,700 within a week and ~$124,900 by month-end. • Binance suggests a similar short-term outlook, forecasting around $116,788 in the coming days, about a +5% shift from the current level. • Changelly sees Bitcoin nudging higher to $118,272 by today, with overall market sentiment leaning mildly bullish. $BTC $MYX #BTC
Bullish Scenarios • Analysts at CoinDCX anticipate a continuation toward $3,800–$3,900, with a potential rise to $3,950–$4,000 if bullish momentum endures.  • BraveNewCoin notes that holding above $3,700 aligns with rising on-chain activity and institutional demand—and could pave the way for a move above $4,000.  • Binance’s recent analysis flags resistance levels at $3,865, $3,900, and $4,000. A breakout above $3,865 may spur further upside, though RSI nearing overbought levels suggests caution. 
Pullback Considerations • Binance also projects a potential short-term pullback toward $3,604–$3,638 as prices cool from overbought conditions. $ETH #ETH
Current Key Levels • Resistance zone hovers around $116.2K–$118K, and a clean break above could fuel further upside.  • Strong resistance at $120K, with targets extended up to $140K if that level breaks decisively.  • Support lies between $113K–$111.5K, with a more immediate defense around $113.3K. $BTC
• Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s. • The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. • The price of bitcoin reclaimed the $116,000 level for the first time since July 31. • Widespread inclusion of bitcoin in Americans' retirement accounts has long been viewed as a holy grail for crypto adoption. $BTC #CryptoIn401(k)
🛑 How Ethereum treasury companies could spark ‘DeFi Summer 2.0’
• Ethereum treasury companies will compete for yield in DeFi to be able to raise ever more funds from TradFi investors. The race has already begun.
• Since they emerged from stealth mode two months ago, a dozen Ethereum treasury companies have bought 2 million ETH between them, with Standard Chartered analysts estimating they’ll add another 10 million to that pile over time.
• There’s growing excitement that billions worth of that ETH could flow into DeFi protocols as firms compete to chase yields greater than the 3%-5% on offer from staking and re-staking. $ETH #CryptoIn401(k) #USFedBTCReserve
What’s the Technical Outlook Saying? • Daily Chart Support & Resistance (via TradingView ideas): SOL is currently hovering just above the $160 support level. A breakout above $176 could trigger bullish momentum, while surpassing $188 might pave the way toward the $200 psychological level. However, a drop below $155 may increase downside risk.  • Recent Bullish Setup (NewsBTC): SOL has rallied off the $162 zone and is now consolidating. If it can break through the $172 resistance, further upside moves are likely. $SOL $MYX #Notcoin #CryptoIn401(k) #CFTCCryptoSprint
1. Technical Landscape & Key Levels • 4‑Hour Structure (TradingView) The 4‑hour chart shows a bullish structure with higher highs and higher lows intact. Price has corrected from the recent high of ~$856 into a daily support zone between $745–$786. A break below ~$739 could invalidate the bullish trend. $BNB $MYX #CryptoIn401(k) #Notcoin #CFTCCryptoSprint
Technical Outlook • TradingView classifies ETH/USDT as a Strong Buy across daily, weekly, and monthly timeframes. The technical indicator consensus also skews bullish.  • Binance Square Analysis (Aug 6): ETH is above short-term EMAs (34 EMA at $3,619; 89 EMA at $3,601; 200 EMA at $3,382), with supportive MACD and RSI (~62) indicating continued upward momentum.  • Additional Binance Note: ETH bounced from the $3,570 zone and is stabilizing above the 99-MA (~$3,605). A breakout above $3,640 may drive a move toward $3,716 and $3,755. $ETH $MYX #Notcoin #CryptoIn401(k) #CFTCCryptoSprint
1. Technical Outlook • TradingView’s summary rates BTC/USDT as a “Strong Buy” on moving averages, while oscillators remain neutral—suggesting bullish momentum in the short term. • Binance-based analysis outlines the short-term range within $113,350–$115,700. A break below $113,350 could slide BTC toward $110,375, while a recovery above $115,716 may pave the way for gains up to $119,463. • TradingView alerts point to resistance near $115,500–$115,700, with a potential bounce expected from the 1-hour trendline or a fill of the unfilled Fair Value Gaps (FVGs) near $109k. $BTC $MYX $ETH #Notcoin #CryptoIn401(k) #USFedBTCReserve
Bitcoin is forming a bullish ascending triangle, with solid support near the 50-day SMA around $112,860. Analysts suggest that, if momentum holds, BTC could break toward $123,000 or higher. $BTC #CryptoIn401(k)
• Trump to allow crypto in 401(k) plans for US workers: White House
The White House Press Office confirmed to Cointelegraph that President Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans. #CryptoIn401(k)
A whale, who bought 80,000 BTC in 2011 for just $54,000, recently sold the entire stash for $9.6 billion—yielding an astonishing ~18 million % return (~145% CAGR over 14 years). This is one of the most profitable crypto trades ever recorded. $BTC $ETH $SOL #Notcoin #BinanceHODLerPROVE #Whale.Alert #BinanceSquareTalks
Given its parabolic rise, some cooling-off or corrective consolidation is plausible—especially with RSI in extreme territory signaling overextended buying.
2. Continuation of Momentum
If buying pressure holds and upcoming developments or listings materialize, MYX could sustain upward movement. The CoinCodex forecast hints at near-term upside to the $1.50 range.
1. Institutional and Retail Activity • Bitcoin has rebounded above $114,500, buoyed by renewed inflows into crypto investment products, signaling regained investor interest and potential for a breakout. • A detailed technical analysis highlighted Bitcoin trading within a loosely defined $110K–$116K “air gap”—a zone of low liquidity. Despite this, around 120,000 BTC were accumulated during recent rebounds, suggesting near-term support; resistance remains firm between $116K–$117K. $BTC $MYX $ETH #Notcoin #MYX #MYXBreakout #bitcoin