**Bitcoin's Weekly Close in Focus Amid Presidential Crypto Pledges**

Bitcoin (BTC) is gearing up for a crucial weekly close on July 28, following a week of volatility spurred by U.S. Presidential candidates' crypto plans. Despite Donald Trump and Robert Kennedy Jr. announcing intentions to build a strategic Bitcoin reserve of at least 200,000 BTC, the market reaction was subdued.

Charles Edwards of Capriole Investments noted a 65% chance of a U.S. Bitcoin reserve, while trader Daan Crypto Trades suggested the muted response might be temporary. With the conference buzz fading, traders are now eyeing the upcoming weekly and monthly closes. Bitcoin's RSI shows potential for an upward trend, though some analysts remain cautious. BTC has gained 7.8% in July, recovering from June's losses.