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Alex Thorn, posted an analysis on platform X about Vice President Harris's stance on cryptocurrency. The choices of her advisory team suggest that she will continue to implement the Biden administration's strict regulatory policy on cryptocurrencies. Harris is working with key anti-cryptocurrency officials such as Brian Deese and Bharat Ramamurti, who were instrumental in pushing for cryptocurrency regulation within the Biden administration. Deese has published articles on the White House website emphasizing the risks of cryptocurrencies, while Ramamurti is considered one of the top critics of cryptocurrency in the White House. Their involvement suggests that it is unlikely for a softening stance from Harris' government towards cryptocurrency policies and they will continue to support strict regulatory measures to protect consumer safety and financial system security. #MarketDownturn
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TURBO Successfully Consolidates: Is Turbo Crypto Heading For Big Pump
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Top 5 meme coins: Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk extend losses
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Bitcoin (BTC) experienced a considerable selloff over the weekend,
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Bitcoin's Price action near the Critical $60K A detailed examination of Bitcoin’s daily chart reveals a significant increase in buying pressure and demand near the critical $50K support region, resulting in a substantial bullish rebound. Subsequently, #BTC surged back toward a key resistance region, encompassing the 200-day moving average at $61K and the psychological resistance at $60K. This key area is likely filled with supply, which may result in substantial selling pressure and halt further upward momentum. If the price faces rejection here, it could complete the pullback, leading to another impulsive bearish leg toward the crucial $50K threshold. However, there is also a possibility of a sudden break above this critical juncture, potentially causing a short-squeeze event and leading to an impulsive surge. Bitcoin’s price action near the critical $60K region will be crucial in determining its next major move. $BTC #MarketDownturn
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