#maeketupdate Bitcoin is trading above the broadening wedge pattern, with the 21MA acting as a resistance barrier. Holding above the wedge and breaking above the 21MA would confirm bullish momentum.
However, failure to maintain support above the wedge could result in further price action back inside the pattern.$BTC
Cathie Wood’s ARK Invest just deployed nearly $72M into crypto-linked stocks after the recent market pullback — adding exposure to Robinhood, CoreWeave, Circle, Coinbase, and increasing allocation to its spot Bitcoin ETF (ARKB).
Despite volatility, Wood doubled down on her long-term thesis: Bitcoin is a stronger diversification asset than gold and remains a high-conviction bet for the future financial system.
💎 Smart money doesn’t panic in volatility — it accumulates.
🚨#thether JUST IN: Tether invests $150M to acquire a 12% stake in Gold.com, aiming to integrate its gold-backed stablecoin XAU₮ and expand access to tokenized and physical gold.$XAU
🚨#NewsAboutCrypto JUST IN: Binance will convert $1 billion from its SAFU (Secure Asset Fund for Users) stablecoin reserves into Bitcoin within the next 30 days.$BTC
🚨#crypto JUST IN: 🇺🇸 The CFTC (Commodity Futures Trading Commission) and SEC (Securities and Exchange Commission) have rescheduled the Project Crypto roundtable to Thursday, Jan 29, signaling continued U.S. regulatory discussions around digital assets.$BTC