MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ Bitcoin experienced a breakout from the triangle pattern, followed by a sharp upward move.
However, it faced rejection at the horizontal resistance level.
Currently, the price is retesting above the triangle, with all key EMAs acting as support. This suggests the potential for some sideways consolidation in the short term.
The opening of traditional financial markets tomorrow will be crucial in providing further clarity on the broader market direction. ➖➖➖➖➖➖➖ #BTC #MarketUpdate
Bitcoin Dominance remains in control. Until this uptrend is broken, expect BTC to continue absorbing most of the market inflows. Keep an eye on the charts, especially if you're hunting for altcoin entries.
Implications for the Market: 🔹 If BTC Dominance continues to rise, it may signal altcoin underperformance in the short-term.
🔹 Traders should watch closely for altseason signals only after BTC dominance cools off or forms a local top.
Bitcoin & Crypto Regulation: What’s Changing in 2025?
Governments worldwide are rapidly updating crypto regulations—and the U.S. is taking the lead. In early 2025, President Trump signed Executive Order 14178, banning the creation of a U.S. central bank digital currency (CBDC) and launching a working group to draft a national crypto framework within 180 days. Meanwhile, the SEC, now under Chairman Paul Atkins, is planning to rewrite crypto token rules to bring more clarity to the space.
On the global front, regulatory momentum continues. The EU’s MiCA framework is in effect, and Asian markets are exploring more defined paths for stablecoins and exchange oversight.
For Bitcoin, the regulatory climate is mixed. It’s generally viewed as a commodity, not a security, which gives it a unique advantage—but exchange rules, tax reporting, and custody laws still affect its accessibility and adoption.
Most notably, Trump’s administration is proposing a Strategic Bitcoin Reserve, signaling long-term confidence in BTC as a national asset.
Bottom line: 2025 may become the year regulation stabilizes the crypto industry—if done right. The balance between protecting users and preserving decentralization remains the key challenge.