Bitcoin

John Bollinger Predicts Bitcoin Breakout

Welcome to the morning briefing of the US Crypto News – your essential overview of the most important developments in the crypto for the coming day.

Take a coffee and look at this space. Analysts say that the next big Bitcoin movement (BTC) can be closer than it seems. With the flashing technical signals and the macro forces discrepancy, analysts are starting to look up.

Crypto News of the Day: Bollinger Eyes Breakout while the macro tail winds come together

Bitcoin draws the renewed attention of analysts, with John Bollinger, the inventor of the Bollinger band indicator, sounding the alarm for potential break.

Bollinger’s post suggests that the technical momentum is building, with macro and political developments aligning on bullish configurations.

Nic Puckrin, founder of the corner office, believes that the adoption by the US Senate of 3.3 billions of Trump dollars of $ 3.3 billions of dollars has prepared the land for long -term bitcoin gains despite the markets that do not immediately react.

“Trump’s Big Beautiful Bill Biguity was adopted in the American Senate, but has failed to immediately ignite an important cryptography rally … But although the markets still digest its implications, the long -term impact is clearly only positive for Bitcoin,” said Beincrypto Puckrin.

According to Puckrin, the bill will add billions of billions to the responsibility of American debt, which, as Beincrypto reported in a recent American publication of Crypto News, positions Bitcoin as a life raft. Puckrin says it could speed up the decline of the US dollar.

“A deprecating dollar creates the perfect environment for Bitcoin,” he added.

In a recent publication US Crypto News, Beincrypto said that the Dollar (DXY) index had published a multi -year hollow. This has happened in the middle of his worst beginning of a year since 1973, with interest rate reductions on the table.

Puckrin sees the environment decisively moving in favor of Bitcoin, recognizing that once the liquidity valves open, even $ 107,000 per BTC would feel a large discount.

Bitcoin price resistance is maintained, but the eyes market of $ 110,500.

Despite the growing bullish feeling, Bitcoin remains locked in a tight range between $ 107,000 and $ 110,000. Pioneer cryptography faces immediate resistance at $ 109,500.

During the weekend, the BTC briefly increased above $ 109,000, stimulated by the hopes of new American commercial offers and a comment of support from Elon Musk.

However, this decision quickly lost steam while the momentum of the market remained silent. Although the long -term bitcoin bullish configuration is intact, the punctual demand continues to delay.

The action of pioneering cryptography prices reflects this tension between solid fundamentals and macroeconomic uncertainty.

“The cash demand has decreased lately … Weighing heavily on the feeling of the market … The wider and wider position of the technical and optimistic market has remained structurally intact,” said Shawn Young, chief analyst of Mexc Research, in a press release in Beincrypto.

The next decisive decision is based on macro-catalysts, with a young person with strong support for $ 106,500 and a psychological defense at $ 100,000 for Bitcoin.

When writing these lines, BTC was negotiated at $ 108,346, up 0.11% in the last 24 hours.

Bitcoin (BTC) Price performance
Bitcoin (BTC) Price performance. Source: Beincrypto

The next American tariff deadline and the “cryptography week” familiar to the Congress, where digital asset bills are set for a debate, could inject volatility and act as triggers from Rabat.

According to Mexc, a proper decision above $ 110,500, supported by volume, “would validate the bullish configuration and opened the way for a potential thrust to make new heights.

If the macro-conditions align, the analyst predicts a game at $ 125,000 in quarter for Bitcoin and even $ 140,000 by the end of the year. This is modest compared to what Standard Charterd predicted in a previous publication of news from Crypto News.

“These developments [Bitcoin ETF flows, corporate treasury buying, a potential announcement by President Trump of Fed Chair Powell’s early replacement, and passage of the US stablecoin bill] In addition to additional evidence of wider sovereign interest, should push Bitcoin to a new summit of all time of about $ 135,000 and $ 200,000 in the fourth quarter, “said Geoff Kendrick, manager of standard digital assets, in a press release.

Graphic of the day

The graph below shows the BTC / USDT trading pair within one day. With bitcoin between the medium and higher Bollinger strip ($ 111,019), this indicates a potential continuation of an upward trend.

A break above the upper band could see Bitcoin testing the top of $ 111,800 of all time (ATH), potentially establishing a new peak.

Bitcoin (BTC) Price performance
Bitcoin (BTC) Price performance. Source: Beincrypto

Technical indicators align with the 50 -day simple mobile average (SMA), providing initial support to $ 106,584 (yellow strand).

Meanwhile, the volume profile (yellow bars on the side) suggests a significant bullish dynamic, with merchants waiting to interact with the price of the BTC in all drops, potentially as low as $ 100,000.

The relative resistance index (RSI) to 54.34 adds credibility to the increased thesis, showing more space for the increase before the BTC is considered an excess.

Conversely, if Bitcoin falls under the midline of the Bollinger band ($ 106,456), this would cause trend reversal, with a breakdown lower than the lower band ($ 101,893) probably exacerbating the downward trend.

However, BTC must drop below the SMA from 100 days to $ 99,026 to confirm a trend reversal of the upward trend.

Alpha the size of an byte

Here is a summary of more news from crypto in the United States to follow today:

Presentation of the actions of the crypto-actions

Business At the end of July 4 Preview before the market
Strategy (MSTR) $ 403.76 $ 403.28 (-0.12%)
Coinbase Global (Coin) $ 357.89 $ 361.73 (+ 1.07%)
Galaxy Digital Holdings (GLXY) $ 20.57 $ 20.26 (-1.50%)
Mara Holdings (Mara) $ 16.95 $ 16.81 (-0.84%)
Riot platforms (riot) $ 11.49 $ 11.40 (-0.75%)
Core Scientific (Corz) $ 15.05 $ 14.52 (-3.47%)
Crypto Equities Market Open Race: Google Finance

Non-liability clause

In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.

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