Rick Edelman says Bitcoin could see major growth if the Clarity Act is adopted He stated that instead of chasing «get-rich dreams», investors should focus on $BTC , $ETH , and $SOL
Based on the overall context, I expect further downside risk unless we see a strong reclaim above 0.00000678 or a clear manipulation below 0.00000507. If price dips below 0.00000507 and quickly recovers, I would look for a reversal long targeting 0.00000678 and 0.00000725, with the stop-loss placed just below the new swing low that would form after the sweep.
If instead, price rallies but gets rejected at 0.00000678 or 0.00000725, I would lean bearish for a new test of the supports near 0.00000523 and 0.00000507, using a stop-loss just above the swing high created by the rejection.
My bias would turn bullish only if price breaks and closes strongly above 0.00000725 and especially above the equilibrium at 0.00000758, targeting the upper inefficiencies and liquidity zones.
Most Bitcoin Treasury Companies Currently Underwater!📰
Recent data shows that 77% of Bitcoin treasury companies are holding📷
$BTC at a loss at current market prices. This happens when the average purchase price of their Bitcoin is higher than the current market value, creating what’s known as an unrealized loss. During volatile market phases, companies that accumulate Bitcoin for their treasury often experience temporary drawdowns, especially if purchases were made during higher price ranges.
This illustrates how corporate Bitcoin strategies are highly sensitive to market cycles and entry price averages!📈
The Iranian regime is losing air capability day by day. U.S. forces aren’t just defending against Iranian threats, we are methodically dismantling them.
🔄 Ecosystem Update: The $LEVER to $SED migration has been active for over two weeks!
The swap portal remains open for legacy holders. As the Sedunia infrastructure continues to progress, users are encouraged to complete their swaps early rather than waiting until the final days.