BTCUSD - GOOD SUPPORT ESTABLISHED?BTCUSD - GOOD SUPPORT ESTABLISHED?📈
Yesterday, after a record-breaking nine-hour House session, U.S. lawmakers passed three major crypto bills: CLARITY Act (294-134), which establishes a market structure for cryptocurrencies, GENIUS Act (308-122) that supports U.S. stablecoin innovation and an Anti-CBDC Surveillance State Act (219-210) that opposes central bank digital currencies. All of this supports crypto and especially Bitcoin.
Technically, BTCUSD looks bullish also, establishing a new bullish trend. I expect the ATH at 123,190.30 will be rewritten soon. Where will be the next stop, I've got no idea. To my mind, the best strategy here will be to buy on trend support, then transfer the stop loss at your entry point and sell o local hikes.
Stay tuned for the next report! 🔔
