$BTC sitting right at a fork in the road—yesterday's candle closed with zero conviction, classic chop zone behavior. Intraday was all over the place, which tells you the market's still deciding who's in control.
Here's the setup: If we pump first, then break back under $62,600, that's your short signal. Clean rejection, momentum flip, you ride it down. But if we just keep grinding higher without that fake-out? Then we're likely headed straight for $65,600 resistance.
So two plays:
1. Fake pump...
The SEC just slammed the brakes on its "innovation exemption" for tokenized securities, sending tokenization stocks tumbling Friday.
Bullish plunged 8%, Figure 9%, Coinbase 2%, and Circle nearly 4%. Uniswap’s UNI dropped 7%; the exemption was meant to boost DeFi securities trading.
This isn’t a delay. It’s a fundamental challenge to tokenization’s path. The White House and Wall Street have legal concerns. The market reacted to slowing adoption, and it’s right.
Tokenized securities won't gain ...