$BNB BNB is testing a major trendline area and have not been able to get past it for few times, a Sustained move above the trendline might help in getting a huge breakout till $700.
But, we also need a good move in Bitcoin to help it get that breakout, would be a nice trade if we get a move above trendline then we can long on retest with stop loss below the origin of move.
Bitcoin $BTC is currently testing the 62.5-63k mark and is down almost 8% for the week in just two days and there’s high probability with all the bearish outlook it will breach the 60k mark testing lower levels around 50k, the current bearish drive is getting overextended with Bitcoin being down 52% from ATHs in just 4 months. The fear and greed index is in just a single digit fear since last one month, the overall crypto market looks pretty disappointing and Total market cap is down to just 2 trillion. The Crypto is in a crisis at the moment. #StrategyBTCPurchase
#TrumpTariffs More than 1 month now into Trump tariffs and Markets are recovering quickly now with Bitcoin back above 100k and Spx erased all losses of 2025 and nasdaq above 21000 the markets are bullish with china trade deal and also new deals getting announced in coming days is bullish as long as the major countries make a new deal in these last 55 days left of tariffs we should be fine when they finally come into effect.
Bitcoin is so close to make a new ATH same US markets like Spx and nq are just a shy below their ATH too, with CPI data showing cooling off prices the Fed is just gambling now not cutting rates they are just speculating that tariffs will increase inflation but the data from last two months shows otherwise.
Bitcoin is just right below the last ATH and will probably make a new one but it can take a deep retrace before making one, it's just going up since last low at 74.5k and now it's back to 105k without making any significant pullback but we should be cautious of Bitcoin making a new a lower high around 94-95k region and resuming only up from there.
Altcoin season is a myth that people tell themselves to console their inner self. There is nothing as an Altseason and Altcoins are only created to go down 99% of the times, it's an only 1% exception days they pump for 20-30% and go down the two times of it the next day.
Meme act is a good one and it will help in regulating things as the political people should stay away from creating memecoins as it creates a bad impact because the memecoin will eventually turn out to be a pump and dump and causing people to loose money, trump coin made several people rich and several poor rugging 90% in just 2 months as hype fades.
Bitcoin prediction for today will be Bitcoin rejecting again at this zone and reaching 90k again for a higher low and chop and bit around 90-92k region and eventually breaking higher to new highs, but alts are gonna die again if Bitcoin hits 90k as the dominance is so high at 65%.
Bitcoin is back to the range highs and with fomc today there are high chances that we may revisit the lows again as the tone of Powell will decide where we head and if he gives even slight chances of QE or fed being open to rate cutes in next meeting in July then Bitcoin might hit that five figure mark again.
US house market structure draft is important as it defines whether the crypto currency is a security or not and making crypto as a security makes it go down in value as we saw it with xrp and with the win of xrp over sec the price of xrp surged to new highs in over 6 years.
Traders all around the world are looking ahead for the fomc on Wednesday as this meeting is after 2 months and the US gdp was negative for this quarter it would be interesting to watch how fed defines it and if they'll cut rates or not the market is pricing in no rate cut but the words of Powell will be the one to listen and also with pressure from trump on rate cutes will be keen to see if he cutes them or not.
Bitcoin is moving in a range around 93k-95k and also with fomc meeting Tommorow it might just chop around till fomc or maybe breakdown as the tone of Powell will decide whether we are going up or down but till then chop is expected.