đ¨ BTC Quick Update â Follow-Up From Yesterday
Yesterday we mentioned that BTC was still inside a descending channel and warned that a rejection from the upper trendline could push the price down again.
Today, BTC has dumped exactly from that zone and touched the channel support.
đ Current Situation
BTC is holding around 86k support zone (channel bottom) Downtrend structure is still intact Buyers are trying to defend this support
đ Bearish Continuation
If BTC breaks below 85.8k â 86k: âĄď¸ Further downside likely âĄď¸ Targets â 84.8k â 83.5k
Reason: Breaking the channel bottom = trend continuation, more selling pressure.
đ Bounce Scenario
$BTC
If BTC respects the lower channel support again: âĄď¸ Short-term bounce possible âĄď¸ Targets â 88k â 89.2k
#TrumpTariffs đ¨ #TrumpTariffs Just Dropped a Bombshell đşđ¸đŁ Former President Donald Trump is shaking up global trade again â and the worldâs listening.
đď¸ Starting July 7 at 12:00 PM, the U.S. will begin accepting tariff agreements from all countries.
But hereâs the kicker: â ď¸ Any nation siding with BRICS in an anti-America stance?
đ Automatic 10% tariff. No appeals. No exceptions.
Global leaders are on edge. Markets are moving.
đ Wall Street now sees a 70%+ chance of a Fed rate cut in September, with two 0.25% cuts expected before the year ends.
đŹ The economic chessboard just got real. Are you ready?
PNUT is breaking out of a long descending channel on the 4H chart with volume spike confirmation â a bullish signal. Price is also flipping above EMAs (20/50/100), showing strength. Ideal for short-term swing or aggressive scalp with good R\:R.
đ Structure Overview: Bitcoin is still trading inside a descending channel, which means itâs in a controlled downtrend. Price recently bounced sharply from the demand zone (99.5Kâ101.5K) and now testing the channelâs upper resistance zone (106Kâ107K).
đ§ Next Move? Two Scenarios:
1ď¸âŁ Breakout Above 107K â If BTC breaks and closes above the channel, especially with strong volume, â It could trigger a bullish breakout, pushing price towards 110K+ đ Short-term rally likely if breakout sustains.
2ď¸âŁ Rejection from 106Kâ107K â If price gets rejected from this upper trendline, â We may see another drop back to the 103Kâ101.5K support zone â ď¸ This will be a short-term bearish move, especially if BTC fails to hold 104K after rejection.
Metaplanet's Strategic Bitcoin Investment Metaplanet, a Japanese company, has made headlines with its significant Bitcoin investment.Let's explore the details.
Investment Details Metaplanet invested ÂĽ1 billion (approximately $9 million) in Bitcoin, acquiring 117.7 BTC at an average price of $8,498 per coin.
Rationale The investment aims to diversify Metaplanet's assets and capitalize on Bitcoin's potential long-term growth.
implications This move reflects growing corporate interest in Bitcoin as a store of value and hedge against inflation.
Conclusion Metaplanet's Bitcoin purchase demonstrates the increasing adoption of cryptocurrency in traditional finance.
Would you like more information on Metaplanet's investment or Bitcoin's market trends
Former U.S. President Donald Trump is making headlines againâthis time in the crypto world! His company, Trump Media, has announced plans to hold a large amount of Bitcoin in its treasury. This means the company will buy and keep Bitcoin as part of its financial reserves, similar to how some companies hold gold or cash. The goal is to support Trump Mediaâs expansion and protect its value from inflation or financial risks. This bold step shows Trumpâs growing support for Bitcoin and the wider crypto market. It also signals his belief in making the U.S. a leader in digital currency innovation. đđŞ #TrumpBTCTreasury
#USChinaTradeTalks đ Major Trade Talks Kick Off in London â Markets on Alert! đđ
Big names are at the table: đşđ¸ U.S. Treasury Sec. Scott Bessent, Commerce Sec. Howard Lutnick, and Trade Rep. Jamieson Greer đ¨đł Facing off with Chinaâs Vice Premier He Lifeng
After fentanyl control & trade barrier talks in Geneva last month, June 9 marks a critical next step toward a sustainable U.S.-China trade framework đ
đ§ Smart moneyâs watching â Treasury yields dipped ahead of the meeting. Crypto markets? Quiet before the storm. â ď¸
With talks set to rotate between nations, this could be the start of a new economic rhythmâand crypto won't sit it out.
#TradingPairs101 Crypto Trading Fundamentals Deep Dive, letâs talk Choosing the right trading pairs is crucial for executing a successful trading strategy. Understanding how base and quote assets affect your trades can help you make better decisions. đŹ Your post can include: ¡ How do trading pairs work (base vs quote)? ¡ Do you trade more in stablecoin or crypto-denominated pairs? Why? ¡ How do you choose the right pair for your trade?
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