#MEMEAct Turbo has surpassed most of the major meme coins, exceeding gains of 250% in a month, from the low of April 7 of 0.0013$ to trading at 0.0060$ at the time of writing. The bullish outlook for the meme coin appears strong, staying above the 50, 100, and 200-day EMAs. After being rejected from overbought levels at 84.66 and falling to the neutral region, the RSI indicator is back above 70, hinting at strong bullish momentum.
#BitcoinReserveDeadline Traders expect to see more volatility in the coming days as regional disputes further damage risk-taking sentiment among traders, although they eventually lead to a bullish movement as Bitcoin is perceived as a hedge prepare yourselves $BTC to pass 100K#BTCPricePredictions
#FOMCMeeting The volatility of $BTC is approaching cycle highs as nerves over an imminent trade war and a planned cryptocurrency deposit in the United States reach their peak, according to data from TradingView and Glassnode$BNB
According to Odaily, a new discussion draft on the market structure of the U.S. House of Representatives aims to clarify the classification of transactions involving digital products. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital products do not constitute securities, as long as they do not grant the buyer ownership rights over the business, profits, or assets of the issuer. Essentially, buying and selling digital products on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or rights over the profits or assets of the company.
The risk aversion signal of Bitcoin fell to 23.7, its lowest level since March 2019, indicating a low risk of correction and a high probability of a bullish trend developing.$BTC
Despite the recent decrease in network activity, bullish macroeconomic indicators such as the Macro Chain Index (MCI) suggest that Bitcoin could soon surpass USD 100,000.#BitcoinReserveDeadline
#StrategicBTCReserve The possible advance of gold towards USD 5,000 raises the stakes for Bitcoin, with historical trends pointing to a rise of up to USD 155,000 or more if conditions align.