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$BTC  suntem gata pentru 56k?
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Bitcoin Holds Above Crucial Level — Weekly Close >68k Possible! Trump's speech at the Bitcoin conference yesterday led to a typical chart movement: A strong push before and a (small) sell-off once the speech started. However, here's the important aspect: So far, Bitcoin managed to stay above the upper bull flag line. Every drop below has been bought up quickly. This happened while the overall crypto market, Ethereum and altcoins, suffered a backslash on the road to recovery. Consequently, Bitcoin's dominance jumped massively. For today, it will be important that Bitcoin holds this level and preferably climbs above the 68.2 level to close the week with a massive bullish green candle. $BTC #bitcoin☀️

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My Thoughts On Trump's Speech At The Bitcoin Conference Finally, Donald Trump held his speech at the Bitcoin Conference in Nashville. An hour late, massively hyped, and rumors that Elon Musk would join him on stage fueled the expectation. And yes, Donald Trump's speech at the Bitcoin Conference was a notable moment. And yes, he clearly positioned himself in favor of the crypto industry and pressed the right buttons ("to the moon," "fire Gary") to wow the crowd. It was a positive signal for the crypto industry, although expected. However, given his role, his speech was heavily laden with political rhetoric, which was expected and understandable. In many respects, though, the speech felt uninspired. It seemed at times that Trump did not fully grasp the intricacies of the subject matter, suggesting his focus was more on gaining votes. Moreover, significant announcements were notably absent. While encouraging, the much-celebrated declaration of not selling government-owned bitcoins was not groundbreaking. Perhaps more important than the content of the speech was what the lineup at this year's Bitcoin Conference in Nashville represented. The presence of both Donald Trump and Robert Kennedy Jr., two presidential candidates, underscored Bitcoin's & crypto's growing significance and increasing mainstream acceptance. The conference garnered extensive media coverage, reflecting the rising prominence of crypto and Bitcoin. In conclusion, while Trump's speech may not have delivered major revelations, the broader context of the conference highlighted the evolution of Bitcoin and the crypto industry into a significant and mainstream topic. $BTC #TrumpCryptoSupport #Bitcoin_Coneference_2024

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Look at Bitcoin's weekly candle! What a massive bullish sign if we can close the week at this level or even higher. $BTC #bitcoin☀️

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Ethereum: 3,3k Resistance Stopped Recovery (Temporarily?) The day started impressive when Ethereum continued its strong recovery after the latest dip. However, it was obvious that the 3,3k level would be the first stress test for bulls. It turned out that Ethereum did not have enough strength to break through this long-term support/resistance level at the first attempt. Nevertheless, after a strong recovery of ~7%, ETH might just need a little breather before breaking the next barrier. While Bitcoin is still above the crucial 68k level, and Trump's highly anticipated speech is upcoming shortly, we might see another attempt very soon. Let's see if we can break the crucial level this time! $ETH

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JASMY Trying To Close Above Crucial Level ‼️ JASMY was one of the tokens that performed relatively strong during the latest correction. First, it didn't drop to its crucial support level but found earlier support. Moreover, it delivered a solid recovery and pumped almost 30% from its correction bottom. Currently, JASMY is battling the crucial resistance level at 0.032. This level was already the resistance in May when, after its break, JASMY reached the >0.04 level. During June and July, the level served as a solid border, preventing a further climb. At the time of writing, JASMY holds above this level. However, a daily close (preferably a weekly close tomorrow) is required to confirm the strength. If this happens, we could see a rally towards >0.04 levels again soon. $JASMY #Jasmyusdt⚠️⚠️

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