โข June peak: 15.3% โข August peak: 16.8% โข September peak: 18.0%
Each wave of long wipeouts resets leverage in the market While painful for bulls in the short-term, these cleanses often lay the groundwork for stronger rallies
Next for BTC and Alts - My Detailed Analysis for Free!!
Things will move quickly rather slow!
Last week we mentioned our $ETH Target to $5000 which went little shy and still did ATH at $4950
We are still very bullish on ETH and see it top around $5400, post that we are bit unsure of the market and will post an update once we reach that levels.
Although this was made fun in comments, let me know what you think.
Next for $BTC , the recovery might take some time. We posted in our Telegram at https://t.me/CryptoGullyBoy about our Potential BTC Analysis - to $109k , a fast downside below $106 might dip it further around $101k and $93k our dream buying zone looks strong for now.
This is necessary for BTC for ALTS to breathe. DYOR but this is potential play.
Let's break it down further with our prediction around $93,446-$93,700 for BTC: before it can pass $140k
A breakout below $111k and retest at the same level is happening now and we might see it play!
Historically September is most bearish month for #bitcoin
No one is expecting this scenario on #BTC ! Bitcoin has been going down in past days; that was predicted very well in past ideas, but I think we will see more downside in the coming weeks. I have the best technical analysis on the internet, so I will tell you why Bitcoin is going to significantly drop!
First of all, let's look at all the bearish signs we have on this chart. The first major sign of weakness is this red rising wedge pattern that is currently breaking down. Yes, the trendline of the wedge is breaking down, and we already had a retest, so there is nothing that can stop the price from falling pretty much. From the Elliott Wave perspective, an impulse wave 12345 that is also inside the wedge has been completed, and we are looking for an ABC corrective pattern.
The next very bearish sign is this rectangular red range that is very close to a breakdown. But I am giving you this analysis before it happens, so you can react accordingly. That's another big sign of weakness. The next problem is seasonality. As you may know, September is statistically the worst-performing month for Bitcoinโusually Bitcoin falls in this period, so I don't know what you, but I don't want to be long on Bitcoin in this time period.
Where to buy Bitcoin again? To answer this question, we need to take the Fibonacci retracement tool and look for the 0.618 FIB, 0.382 FIB, or 0.5 FIB - always use only these 3 levels. I think we may see a deeper 0.618 FIB retracement here because we have a nice blue trendline near this level, so it would be nice to see this confluence.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Let me know in comments whats your approach. If you like my content please follow
CryptoGullyBoy on TG, X and Binance. Feel free to Tip me and keep me motivated.
Please tell someone. Although I had made enough profit shorting this, I still have a big bag in my portfolio and cant seem to find any breakout confirmation
Binance's monthly avg taker buy-sell ratio hit a cycle low of 0.95. This metric gauges derivatives mkt buying/selling pressure. Ratio >1 shows bullish sentiment; <1 hints bearish trend. Historically, sharp drops often signal Buy Zoneโก๏ธ
Indiaโs New Online Gaming Law: A Tough Stance on Real-Money Gaming
Theย Lok Sabhaย has officially passed theย Promotion & Regulation of Online Gaming Bill, 2025, a landmark legislation that introduces sweeping reforms to Indiaโs online gaming ecosystem. The bill enforces aย blanket ban on all i-gaming and betting apps, while laying down a regulatory framework to encourage safe and skill-based gaming such asย e-sportsandย educational platforms. Blanket Ban on Real-Money Gaming The new law categorically prohibits allย real-money gaming platformsโincluding fantasy sports, poker, rummy, lotteries, and betting appsโirrespective of whether they are skill-based or chance-based. Any form ofย monetary enrichment through online gamesย is now illegal. The bill goes beyond usage bans: Promotion, advertisements, and endorsementsย of betting platforms are outlawed.Payment channels, wallets, and gatewaysย are restricted from facilitating transactions linked to real-money gaming.App stores and digital marketplacesย are mandated to remove banned apps from circulation. Severe Penalties Violations of the new law come withย harsh punishments: Imprisonment up to 3 yearsFines up to โน1 crorePermanent blacklistingย of offending apps, platforms, or promoters This enforcement framework ensures both domestic and foreign operators face deterrence from targeting Indian users. Crypto & USDT Promoters Under Scrutiny The legislation also signals the governmentโs intent to monitorย crypto-based transactionsย tied to gambling. Special focus has been placed on promoters usingย $USDT (Tether) and other stablecoinsย to market or enable betting apps.
$USDT Influencers, creators, or traders found to beย endorsing or facilitating such platformsย face the same jail terms and financial penalties as operators themselves. This effectively criminalizes the role of crypto KOLs (Key Opinion Leaders) in promoting gambling apps, closing loopholes often exploited by offshore betting networks. Rationale Behind the Ban The government has cited several reasons for this sweeping action: Rising cases ofย addiction, debt traps, and suicidesย linked to online betting.Financial fraud, money laundering, and terror-funding risksย facilitated by unregulated platforms.A need toย safeguard youthย while building a structured, positive digital gaming culture. What the Bill Encourages While banning money games, the law explicitly supports: E-sports tournamentsSkill-based educational appsCasual and social gamesย without monetary stakes A newย National Online Gaming Authorityย will oversee licensing, compliance, and consumer safety in the regulated segments. Industry Impact The move is expected to drastically reshape Indiaโs online gaming market. While it protects citizens from predatory money-games, critics argue it could lead toย job losses, a decline inย tax revenue, and a surge inย underground offshore betting platforms. Nonetheless, the government remains clear: the focus is onย building a safe gaming ecosystemย andย deterring exploitative betting practices, both in fiat and crypto ecosystems.
When it comes to making money in crypto, one of the most common questions I hear is โย โShould I join a crypto signal channel?โ Let me be honest: most of them areย notย worth it. In the last 5 years, the market has had both good days and bad days. Sometimes youโll ride a winning streak, and other times, even the best signal will hit your stop loss faster than your take profit. Think of it like a job or relationship โ thereโs a โhoneymoon periodโ at the start where everything feels great, but reality soon kicks in. The difference is, in crypto, money is on the line. Following any signals blindly โ even mine โ can wipe out your portfolio in no time. The Best Tool You Can Have? ChatGPT. If youโre going to trade, start by understandingย whyย youโre entering or exiting a trade. Identify your own buy and sell zones. Use tools, ask questions, and learn the logic behind every move. And if youโre still determined to trade, hereโs my advice: First few days? Just observe.Useย demo tradingย to get the feel of it.Watch the entry and exit zones closely.See how often targets hit vs. stop losses โ spoiler: SLs are more common than TPs. The money you trade with should be money youโre okay with losing. When I first started, I lostย everything. Thatโs the reality. Why Long-Term is Peace of Mind Chasing short-term gains with high leverage is stressful. Sometimes itโs better to ride the big moves. Buying BTC at $25K or $60K in the past was a calmer decision than trying to scalp trades in todayโs volatile market. If you start with $100 and double it โ great. Do that three times, and youโre at $300. Then, maybe start with $200. But hereโs the truth โ youโll never truly succeed unless you learn to trade yourself. Tools & Skills Youย Mustย Learn Coinglassย โ for market dataHeatmapsย โ to see market liquidityFakeouts & Breakoutsย โ spot traps before you fall into themEntry Strategyย โ know exactly why youโre in a trade When NOT to Trade During high volatility events like: FOMC meetingsFed rate announcementsCPI inflation data releases And remember:ย donโt tradeย during highly volatile events likeย FOMC meetings, Fed rate changes, or major macro announcements. These days will test your patience โ and empty your wallet if youโre reckless. Protect Your Life First Trading isย notย a replacement for financial security. Have a home and emergency fundGet insuranceInvest in long-term SIPs Only trade withย surplus moneyย โ not your rent, savings, or retirement fund. Trading can be addictive, but never forget why you are doing it and its consequences. Trade with the extra money you have, not with your survival fund. Otherwise, you can go broke in days โ or lose it all in the first 3 months. Stay safe. Trade smart. And most importantly, donโt get greedy. Mini Risk Calculator Example Risk per tradeย = (Account size ร % risk) รท Stop Loss distance Example: Account: $500Risk: 2% ($10)SL: $100 distance in BTC pricePosition Size: $10 รท $100 =ย 0.1 BTCย equivalent This keeps your losses controlled. Final Word Crypto trading is exciting, but without knowledge, itโs a shortcut to losing money fast. Learn first, start small, avoid greed, and think long-term.
White House Crypto Report Omits Bitcoin Reserve Plan โ What It Means for the Market - July 30 FOMC
No Mention of Strategic Bitcoin Reserve in Latest Report
The White Houseโs newly released crypto policy report has stirred significant discussion across the digital asset communityโnot for what it includes, but for what it conspicuously omits: any mention of a Strategic Bitcoin Reserve (SBR). Earlier this year, President Trump signed an executive order establishing the SBR as a way for the U.S. government to accumulate and safeguard Bitcoin through seized assets and budget-neutral mechanisms. Market participants expected the July 30 policy update to detail acquisition strategies or signal an intent to start accumulating Bitcoin actively. However, the report focused almost entirely on regulatory infrastructure, covering stablecoin oversight, tokenization frameworks, KYC/AML standards, and inter-agency coordination. This silence on the SBR sent a subtle but clear message: while the U.S. acknowledges Bitcoinโs strategic role, it is in no rush to back that up with on-chain action.
Market Reaction: Mild Sell-Off in $BTC and Alts BTC The market responded with muted disappointment. Bitcoin slipped slightly, falling around 0.9% to hover near $117,800. This wasnโt a crash, but it was a reflection of dashed hopes. Investors had begun pricing in the potential for government-triggered demand, and the absence of any such catalyst created short-term headwinds. The impact rippled across the broader marketโtop altcoins like Ethereum, Solana, XRP, and Cardano dropped between 2โ3% as risk sentiment cooled. In the absence of a strategic buying program, crypto continues to rely on organic institutional and retail adoption rather than state-level accumulation. Short-Term Outlook: BTC Faces Headwinds Without a Sovereign Buyer In the short term, this could limit Bitcoinโs upside momentum. Without a sovereign-level buyer entering the arena, BTC remains vulnerable to macro pressures and profit-taking. However, the reportโs broader focus on compliance and tokenization may set the stage for longer-term capital inflows. Regulatory clarity is often the gateway to institutional participation, and the frameworks proposedโthough light on headline-grabbing initiativesโcould make it easier for banks, funds, and corporations to engage with crypto assets safely. Long-Term Implications: From Rhetoric to Reality? That said, the omission of SBR updates leaves a vacuum. For Bitcoin to be treated like digital gold, government accumulation mattersโnot just rhetoric. The March executive order promised a strategic shift, and without tangible follow-through, that vision remains aspirational. The BITCOIN Act, still in congressional discussion, proposes acquiring up to 1 million BTC over five years. If passed, it could trigger a paradigm shift in sovereign asset allocation. Until then, traders and institutions will likely remain cautious, eyeing future moves from the Treasury and Commerce departments, which have been tasked with designing a budget-neutral acquisition model. Altcoin Outlook: Regulatory Clarity, But No Immediate Catalyst For altcoins, the implications are more nuanced. While they lack the reserve asset narrative of Bitcoin, their fates are tied to overall market liquidity and confidence. If regulatory clarity accelerates adoption of real-world tokenization and compliant DeFi frameworks, leading protocols like Ethereum and Solana could benefit disproportionately. But without immediate catalysts, the short-term trend remains sideways to slightly bearish. Conclusion: A Regulatory Win, But No Strategic Commitment Yet In conclusion, the White Houseโs latest crypto report reinforces the U.S. governmentโs regulatory-first approach to digital assets. It offers welcome clarity on rules but holds back on bold actionโmost notably, staying silent on the Bitcoin reserve question. Until concrete steps are taken to operationalize the SBR, the report feels like a placeholder rather than a turning point. The market has taken note, and while the long-term vision remains intact, the short-term outlook hinges on whether policymakers move from paper to practice.
๐จBREAKING: #PayPal will now allow U.S. merchants to accept payments in over 100+ cryptocurrencies! A major leap for #CryptoAdoption ๐ฅ $BTC $ETH #Bitcoin #Ethereum #Altcoins #CryptoNews #Web3 #Blockchain #Fintech #DigitalPayments #CryptoIntegration