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Bullish

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Bitcoin Holds Above Crucial Level — Can Bulls Push A Reversal? As discussed yesterday, Bitcoin has flashed some critical bearish signals on the daily chart (Check this post in case you haven't read) — a double top, the break of the uptrend, and a bearish MACD crossover. However, I also mentioned that support at around 63k will play a make-or-break role. If bulls can defend this level, a bullish reversal despite the bearish signals is possible. Conversely, if the support breaks, there's a big risk of a sell-off towards 52k. So far, it looks like the bulls won't give up this level easily since the price bounced several times. However, there was also no strong reversal so far. Moreover, it becomes increasingly evident that the U.S. session is the biggest challenge right now. While the Asian and European sessions have been mainly positive, the sell-off starts when the U.S. wakes up. Summarized: We must keep watching the 63k level and hope the U.S. will end its summer sales and start buying again. And if you need some motivation to do you can read one of my latest articles: Bitcoin's Biggest Game-Changer: The National Bitcoin Reserve 👉 Found this article useful? Make sure to like and share it! 👉 Never want to miss my posts: Follow ben__crypto23 $BTC Picture Source: TradingView, Crypto OS

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Wow! I couldn’t be more excited! Thank you for the follow, @Richard Teng 🙌 A pleasure to create content on Square — let’s rock that space 🚀 #BinanceSquareFamily

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Solana Faces Crucial Re-Test 🚨 Solana's chart looks pretty similar to Bitcoin's. Accordingly, we can see a bearish structure in the making: 1 - Solana has printed a double top on the daily chart. The pattern is similar to the one in March/April. At that time, we saw a drop of almost 50%. 2 - The MACD has flashed a bearish crossover on the daily chart. Usually a strong indicator for more bearish price action. In this context, the long-term downtrend line seems to be the make-or-break level. Just a couple of days ago, Solana broke out of the downtrend that has started in March. A break below would certainly trigger more sell pressure, while a successful bounce would signal a strong bullish sign. $SOL #SolanaUSTD

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Markets are tough right now 📉🚨 What tokens do you hold on tight despite the blood in the streets? I would love to hear your thoughts in the comments 👇 $BTC $LINK $JASMY

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If You Hold Bitcoin, You Need To Know This! Bitcoin is currently in a bearish phase, but a recent U.S. legislative proposal could drastically change its future. Senator Cynthia Lummis has introduced a bill to establish a National Bitcoin Reserve, potentially positioning Bitcoin as a strategic asset like gold. This move could legitimize Bitcoin further, driving demand and prices up (massively). The U.S. would leverage Bitcoin to hedge against dollar depreciation, potentially setting a global precedent. If successful, this could lead to a new era of digital currency diplomacy, impacting global financial power and the broader crypto market. However, significant political and regulatory challenges could complicate this process, making the future uncertain yet potentially transformative. 👉 Want more details? Read my complete article here! 👉 Think your friends should know this? Make sure to share this post! 👉 Let me know your opinion in the comments! $BTC #Bitcoin❗

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