idrees najaf
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Bitcoin is currently rebounding from a key horizontal support zone and has recently broken out of a falling wedge pattern. After a short-term downtrend, the price has regained upward momentum and is now holding above the wedge, serving as a dynamic support level—further reinforcing the bullish structure. However, if BTC loses momentum, it may experience a short-term decline. Overall, the trend remains bullish.
Bitcoin Dips Slightly as US Economy Shrinks
The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war.
Bitcoin Edges Lower After U.S. Economy Shows Weakness
The world’s largest economy contracted by 0.3% during the first quarter of the year according to a report published by the U.S. Department of Commerce on Wednesday, and economists are pointing the finger at President Donald Trump.
Companies went on a buying spree in an effort to front-run Trump’s controversial tariffs, leading to a surge in imports, but gross domestic product (GDP) took a hit as a result. GDP is a measure of the value of all goods and services produced in the economy and imports are subtracted from the final figure.
The U.S. economy shrank by 0.3% in the first quarter of 2025 after companies rushed to import goods in the wake of President Donald Trump’s global trade war.
Bitcoin Edges Lower After U.S. Economy Shows Weakness
The world’s largest economy contracted by 0.3% during the first quarter of the year according to a report published by the U.S. Department of Commerce on Wednesday, and economists are pointing the finger at President Donald Trump.
Companies went on a buying spree in an effort to front-run Trump’s controversial tariffs, leading to a surge in imports, but gross domestic product (GDP) took a hit as a result. GDP is a measure of the value of all goods and services produced in the economy and imports are subtracted from the final figure.
The price action of $USDT.D is currently respecting the order block, suggesting that BTC and alts may continue to fall if USDT dominance keeps pushing upward and grabs liquidity above.
A sustained rise in USDT.D typically indicates capital flowing out of crypto assets, which puts downward pressure on prices.
If the price breaks above the resistance zone—which previously acted as support—it could lead to even more bearish movement in BTC and alts, as traders seek stability in USDT. This breakout may cause an extended leg down in the broader crypto market.
However, if the price reverses from this zone and breaks below the order block, it might show a short-term bearish move in USDT.D, leading to a potential relief bounce or pump in BTC and alts. Still, such a bounce might just be a small leg up before another wave of downside in the market
A sustained rise in USDT.D typically indicates capital flowing out of crypto assets, which puts downward pressure on prices.
If the price breaks above the resistance zone—which previously acted as support—it could lead to even more bearish movement in BTC and alts, as traders seek stability in USDT. This breakout may cause an extended leg down in the broader crypto market.
However, if the price reverses from this zone and breaks below the order block, it might show a short-term bearish move in USDT.D, leading to a potential relief bounce or pump in BTC and alts. Still, such a bounce might just be a small leg up before another wave of downside in the market
Gold has recently shown bearish movement, dropping and grabbing liquidity below key support levels. This move came after Bitcoin’s recent rally, which may have pulled capital away from gold.
Currently, gold is attempting a recovery. However, if the price breaks below the current support, it could trigger further downside, continuing the bearish trend. A confirmed breakdown would open the path for deeper lows and could indicate a strong risk-off environment.
Traders should monitor price action closely around the current support zone, as a bounce could signal temporary relief — but failure to hold could intensify bearish momentu
Currently, gold is attempting a recovery. However, if the price breaks below the current support, it could trigger further downside, continuing the bearish trend. A confirmed breakdown would open the path for deeper lows and could indicate a strong risk-off environment.
Traders should monitor price action closely around the current support zone, as a bounce could signal temporary relief — but failure to hold could intensify bearish momentu
Regulated stablecoins coming to the UAE
Partnering with Hub71’s 500+ tech startups
Helping the UAE become a Web3 powerhouse
Partnering with Hub71’s 500+ tech startups
Helping the UAE become a Web3 powerhouse
Circle is laying the foundation for next-gen stablecoin infrastructure across the Middle East and USDC is ready to lead the charge.
With $62B+ in circulation, USDC is no small player.
With $62B+ in circulation, USDC is no small player.
According to the U.S. Treasury's Q1 2025 report, US dollar-pegged stablecoins—currently valued at around $230 billion—are projected to reach a $2 trillion market cap by 2028, driven by evolving market dynamics and their widespread use as on-chain cash.
Circle is laying the foundation for next-gen stablecoin infrastructure across the Middle East and USDC is ready to lead the charge.
With $62B+ in circulation, USDC is no small player.
Circle is laying the foundation for next-gen stablecoin infrastructure across the Middle East and USDC is ready to lead the charge.
With $62B+ in circulation, USDC is no small player.
Crypto asset management firm Galaxy Digital has announced plans to go public on the Nasdaq stock exchange.
Blockchain forensics firm Crystal Intelligence announced plans to acquire Scam Alerts from Whale Alert by the end of May, transforming it into a standalone, non-commercial entity within the firm.
Crypto payments startup Mesh is introducing Apple Pay support for crypto transactions, converting crypto to stablecoins at checkout.
Markets rallied Wednesday on signs of easing U.S.-China tensions, with the Dow up 427 points before fading. Tech stocks surged, led by Tesla and Nvidia, while Trump’s softer tone on tariffs and support for Fed Chair Powell reassured investors. Gold dipped over 2% as analysts flagged a potential cooling point (they are up 1% today), while Bitcoin ETFs saw their biggest inflow since January, fuelled by dollar weakness. Copper hit monthly highs, reflecting renewed optimism on trade and global demand.
On the Daily timeframe level, the price action of Formed out Symmetrical Triangle pattern level where the price action again bounced back from its Support Trendline region
Currently, respecting our Horizontal Resistance level and trying to flip out of that region can show us some more momentum
Currently, respecting our Horizontal Resistance level and trying to flip out of that region can show us some more momentum
Most traders in this market become either perma-bulls or parma-bears… which is the reason most of them end up losing money. In the meantime, we’re perfectly catching all the most profitable moves, both the best long and short, before any other traders even realize, and that’s what makes us the best😉
Regardless of the higher chop and volatility we saw last month,
Regardless of the higher chop and volatility we saw last month,
The price action of $GOLD recently showed a sharp drop following Bitcoin's strong upward movement, reflecting a shift in capital from gold to crypto. However, gold has since formed a descending triangle pattern on the 1-hour timeframe, typically signaling potential bearish continuation.
Despite that, price has now broken out from the descending trendline, which could invalidate the bearish setup and instead indicate the beginning of a bullish move. If momentum continues, price may target the next resistance levels around $2,367.05 and $2,374.57.
However, if the breakout fails and price gets rejected at resistance, it might indicate a fakeout, potentially dragging price lower to fill the liquidity left behind. A successful retest of the breakout level could confirm a stronger upward continuation.
Despite that, price has now broken out from the descending trendline, which could invalidate the bearish setup and instead indicate the beginning of a bullish move. If momentum continues, price may target the next resistance levels around $2,367.05 and $2,374.57.
However, if the breakout fails and price gets rejected at resistance, it might indicate a fakeout, potentially dragging price lower to fill the liquidity left behind. A successful retest of the breakout level could confirm a stronger upward continuation.
https://youtu.be/bv1FkaZ0his?si=HECPT4_9qEjZ89Ra
The price action of $GOLD recently showed a sharp drop following Bitcoin's strong upward movement, reflecting a shift in capital from gold to crypto. However, gold has since formed a descending triangle pattern on the 1-hour timeframe, typically signaling potential bearish continuation.
Despite that, price has now broken out from the descending trendline, which could invalidate the bearish setup and instead indicate the beginning of a bullish move. If momentum continues, price may target the next resistance levels around $2,367.05 and $2,374.57.
However, if the breakout fails and price gets rejected at resistance, it might indicate a fakeout, potentially dragging price lower to fill the liquidity left behind. A successful retest of the breakout level could confirm a stronger upward continuation.
Despite that, price has now broken out from the descending trendline, which could invalidate the bearish setup and instead indicate the beginning of a bullish move. If momentum continues, price may target the next resistance levels around $2,367.05 and $2,374.57.
However, if the breakout fails and price gets rejected at resistance, it might indicate a fakeout, potentially dragging price lower to fill the liquidity left behind. A successful retest of the breakout level could confirm a stronger upward continuation.
I have some price Analyse on current move.💎
When Greed prevail - it’s a signal to sell or be ready to sell.
When Fear prevail - you need to buy or be ready to buy part of coins.
What I see now is:
Greed will grow up to 100% and will remain sometime, until hamsters believe that pump is forever.
Some factors influence in the price.
— Stop war conflicts.
— Tariff wars
— Money printing
— Crypto adoption and regulation by governments around the world.
At which price you would buy and sell BTC?
When Greed prevail - it’s a signal to sell or be ready to sell.
When Fear prevail - you need to buy or be ready to buy part of coins.
What I see now is:
Greed will grow up to 100% and will remain sometime, until hamsters believe that pump is forever.
Some factors influence in the price.
— Stop war conflicts.
— Tariff wars
— Money printing
— Crypto adoption and regulation by governments around the world.
At which price you would buy and sell BTC?
BTC Holds Firm at $95K as Bitcoin ETFs Gain Ground on Gold ETFs
Research from Standard Chartered Bank shows a marked exodus from spot gold exchange-traded funds (ETFs) to bitcoin ETFs.
Gold vs. Bitcoin: ETFs Show Shifting Investor Sentiment as BTC Holds $95K
London-based Standard Chartered Bank published research on Tuesday showing a migration of investor capital from spot gold ETFs to bitcoin ETFs, as the cryptocurrency held steady just above the $95K threshold.
Research from Standard Chartered Bank shows a marked exodus from spot gold exchange-traded funds (ETFs) to bitcoin ETFs.
Gold vs. Bitcoin: ETFs Show Shifting Investor Sentiment as BTC Holds $95K
London-based Standard Chartered Bank published research on Tuesday showing a migration of investor capital from spot gold ETFs to bitcoin ETFs, as the cryptocurrency held steady just above the $95K threshold.
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