The crypto market is caught in local consolidation before a powerful breakout. Bitcoin confidently holds above $77,000, and the Wall Street giants are finally integrating into Web3. However, macroeconomics is setting up tricky traps that could trigger a shakeout before the rally continues. We break down the key signals and risks for the near term.
🚀 Key news of the day:
▪️ TradFi fully moves into Web3: Goldman Sachs, BofA, and Citi are creating a shared stablecoin for interbank settlements. This is a fundamental “green light” for the entire market.
▪️ Strong BTC fundamentals: Bitcoin holds the historical $77,000+ level, and MicroStrategy has returned to profitability, forming an ironclad demand barrier.
▪️ Macroeconomic risk: The yield on 10-year U.S. treasuries is heading toward 5%. JPMorgan warns of a possible 5–8% correction in the S&P 500 and Nasdaq before the U.S. elections, which could temporarily affect crypto as well.
🔮 Forecast:
In the near term, we can expect an accumulation phase. A local dump and a “choppy” dynamic are not out of the question if Big Tech comes under pressure from the U.S. rates environment. However, the medium-term trend remains strictly bullish. $BTC
🚀 Key news of the day:
▪️ TradFi fully moves into Web3: Goldman Sachs, BofA, and Citi are creating a shared stablecoin for interbank settlements. This is a fundamental “green light” for the entire market.
▪️ Strong BTC fundamentals: Bitcoin holds the historical $77,000+ level, and MicroStrategy has returned to profitability, forming an ironclad demand barrier.
▪️ Macroeconomic risk: The yield on 10-year U.S. treasuries is heading toward 5%. JPMorgan warns of a possible 5–8% correction in the S&P 500 and Nasdaq before the U.S. elections, which could temporarily affect crypto as well.
🔮 Forecast:
In the near term, we can expect an accumulation phase. A local dump and a “choppy” dynamic are not out of the question if Big Tech comes under pressure from the U.S. rates environment. However, the medium-term trend remains strictly bullish. $BTC
