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Bitcoin Trades Near $63,000 After 50% Drop from Peak The price has pulled back sharply, decoupling from global M2 money supply trends that once predicted its moves, prompting traders to revisit old charts and cycle patterns. Voices like Crypto Fergani see the pessimism as a contrarian sign of an imminent bull run, while Shibo reminds everyone of the tough 2-3 year stretches before massive gains. On-chain data shows Bitcoin lingering below 'fire sale' levels longer than ever, aligning with historical accumulation phases, though midterm election years add caution amid predictions up to $190,000 in the next 12-18 months. $BTC
๐จ BREAKING: White House to Host Major Crypto Summit on August 19! ๐จ Washington is officially treating crypto and prediction markets as core financial infrastructure. President Trump is expected to meet with top industry leaders, Wall Street titans, and federal regulators for a high-stakes policy roundtable at the Eisenhower Executive Office Building. Here is everything you need to know: ๐ฅ Whoโs at the Table? Crypto & Prediction Markets: Coinbase, Ripple, Kalshi, Polymarket, Kraken, Gemini, Robinhood, Chainlink, a16z, and Paradigm. TradFi & Infrastructure: NYSE, Nasdaq, CME, ICE, and DTCC. Top Regulators: SEC Chair Paul Atkins, CFTC Chair Michael Selig, and senior Treasury & Commerce officials. ๐ Why It Matters Now: CLARITY Act Stalling: With the Senate's CLARITY Act odds dipping to ~10%, federal agencies are taking the wheel to shape regulations without waiting for new legislation. Shift to Agency Oversight: SEC and CFTC are actively asserting jurisdiction over prediction markets, token issuers, and digital commodities. ๐๏ธ What to Watch Next: August 20: The CFTCโs Innovation Advisory Committee holds its first public session on "Cryptoโs Regulatory Evolution." Mid-September: A critical Senate cloture vote on the CLARITY Act requiring 60 votes to move forward. Will this summit bring clear regulatory framework or further fragmented oversight? Drop your thoughts below! ๐ #CryptoNews #Bitcoin #Ethereum #CryptoPolicy #WhiteHouse #CFTC #SEC #blockchain #PredicitonMarkets $BTC
๐ก $XAU | Bullish Watch ๐ข Buy zone: $4,020โ$4,100 ๐ Current area: ~$4,386 ๐ฏ Target 1: $4,550 ๐ฏ Target 2: $4,700โ$4,800 ๐ Breakout target: $5,000+ Key idea: The bullish thesis depends on the rebound holding and buyers regaining control. A sustained breakout above the higher resistance zones would strengthen the case for further upside. โ ๏ธ These are watch levels from the setup you shared, not a guaranteed forecast or financial advice. $XAUT
๐จ CZ Clears the Air on the Meme Coin Mystery CZ says people are over-interpreting his wallet activity after a flood of meme coins made it difficult to even find his BNB inside Trust Wallet. He tried burning some of the unwanted tokens, but that only triggered more community speculation. Now, CZ says he plans to send his BNB and ๅธๅฎไบบ็ tokens to Giggle Academy, then stop using that wallet address altogether. ๐ The bigger lesson? Blockchain transparency is powerful, but not every wallet transaction has a hidden meaning. Sometimes, a token burn is just a token burn. ๐ #Crypto #BNB #CZ #Binance #MemeCoins #Blockchain #GiggleAcademy $GIGGLE $BNB
#dusk $DUSK @Dusk @Dusk is building a privacy-focused blockchain designed to support compliant real-world financial applications while keeping transactions and sensitive data private. The combination of privacy, compliance, and blockchain infrastructure makes $DUSK a project worth watching. #dusk
๐ป $ZEC | Short Setup ๐ด Entry: $486.06โ$487.70 ๐ฏ TP1: $480.27 ๐ฏ TP2: $476.86 ๐ฏ TP3: $471.75 ๐ SL: $492.20 Setup: The stated 4H bias has flipped bearish, while the 15M RSI at 44.17 suggests there is still room for downside momentum. With the 1D remaining range-bound, the range floor is the main risk to the short. โ ๏ธ Proposed trade levels only, not a guaranteed signal or financial advice.
Why this setup? - **Why now?** The daily trend is bullish, and weโre sitting at a 4H pivot (0.03502) with RSI at 50.98โneutral, not exhausted. This is a textbook pullback-to-support entry. - **The math:** Entry zone 0.03471โ0.03532. TP1 at 0.04238 (+21%), TP2 at 0.04729 (+35%). Risk is defined: SL at 0.02520. - **Edge:** Confidence 80%, and the 1D trend is your tailwind. This is a trend-following setup, not a gamble. - **Note:** ATR (0.0027) suggests volatility is normalizingโdonโt expect a V-reversal, but steady grind higher is in play.
Debate: Are you scaling in at 0.0350 or waiting for a lower wick to 0.0347โand whatโs your max pain level if we chop for 12 hours?
$LINK waking up and I'm watching this one close ๐
Price has been grinding inside a rising channel since June โ clean higher lows, higher highs, textbook structure. Now we're jamming into the upper end around $9.2 and it's starting to feel tight.
MACD just flipped bullish, histogram turning green after weeks of flat compression. That's momentum trying to shift.
If $LINK breaks and holds above this channel, $10 is the next magnet. After that, $10.7โ11 is sitting right there as the next resistance zone.
The setup is simple: break above the channel with volume, hold it on a retest, and we've got a clean ride higher. Lose the channel support and we're back to ranging.
I'm marking $9.2 as the breakout level. Above that with conviction and I'm looking for continuation. Below and I'm stepping aside until the structure rebuilds.
Risk is defined, reward is clear. Let's see if $LINK can push through.
Around $200, buyers have repeatedly defended this zone while sentiment stays weak. Most market participants won't turn bullish until price is much higher.
For me, $600 is the key level.
Reclaim it. Hold it. Confirm it.
Then the next major targets come into focus: ๐ฏ $1,000 ๐ฏ $1,300 ๐ฏ $1,500+
The market rarely rewards comfortable entries. It rewards patience before the crowd arrives. ๐ $TAO
๐ $BNB | Long Setup ๐ข Entry: $611.95โ$612.33 ๐ฏ TP1: $615.04 ๐ฏ TP2: $616.98 ๐ฏ TP3: $619.88 ๐ SL: $608.27 Setup: 4H trend is bullish with the stated 80% long confidence. RSI (15M) at 58.76 suggests momentum is active without being extremely overbought. Since the 1D trend is range-bound, this is a within-range momentum trade, not a confirmed daily breakout. โ ๏ธ Proposed trade levels only, not a guaranteed signal or financial advice.
Why this setup? - **Why now?** The 4h bias is SHORT (Conf: 75) while the 1D range acts as a ceiling, not a floor. - **Setup:** Entry at 2.2140, with TP1 at 2.0871 and TP2 at 2.0025 โ that's a 9.5% drop from entry if momentum follows. - **Edge:** RSI 27.83 on the 15m is a local bounce signal, but in a trend regime, bounces are for selling, not buying. - **โ ๏ธ Trend-following alert:** This is a *trend* setup (not counter-trend), but confirm_count = 0 means no confirmation yet โ wait for a 4h close below 2.2075 before adding size. - **Risk:** SL at 2.3832 is wide (7.6%), so size down or use a tighter mental stop after TP1.
Debate: Are you fading the 15m RSI bounce to chase TP2 at 2.0025, or waiting for a 4h close below 2.2075 first?
๐ $WAL | Long Setup ๐ข Entry: $0.0270โ$0.0277 ๐ฏ TP1: $0.0290 ๐ฏ TP2: $0.0310 ๐ SL: $0.0258 The idea is a breakout continuation long while price holds above the $0.027 area and buying momentum remains strong. $WAL