chinhtri

Bitcoin hit $63,000 on Juneteenth but couldn't hold the line—that's a signal that the market's feeling pressure from two fronts: a hawkish Fed and tensions in the Strait of Hormuz.

The chance of a rate hike in July is nearly 40% after the Fed meeting, making risk assets hard to breathe. Inflation remains stubborn, and Powell's message is pretty hawkish. Prolonged tight liquidity is not the scenario BTC wants.

Meanwhile, rising geopolitical risks are pushing oil prices up but aren't helping Bitcoin find safe haven. The risk-off sentiment is dominant, with Bitcoin ETFs seeing net withdrawals for three consecutive days and low funding rates—indicating that shorts are outpacing longs.

The $60,000 zone is solid support. If we lose that level, a scenario of $56,000–$58,000 is totally possible. Personally, I see no reason to jump in and buy right now. Hold cash, manage your risk, and wait for clearer signals.

Do your own research and make decisions that fit your risk appetite.

#BTC #Bitcoin #Fed #PhanTich #ChinhTri

The U.S. just sent a clear signal to the crypto market: CBDCs won't be a looming threat for at least another 6 years.

The bipartisan deal on the housing bill has reinstated the clause banning the Fed from issuing retail digital dollars until 2030. Essentially, Congress is putting a legal barrier in front of direct government intervention in the digital currency space.

What does this mean for traders? It removes the biggest "competition card" from the state, bolstering confidence in decentralized assets like Bitcoin and the stablecoin ecosystem. In the short term, this is a supportive factor for positive market sentiment, especially as capital is looking for clarity on regulations.

However, this clause is still part of the housing bill and hasn't been finally approved yet. Political risks still loom. We need to keep an eye on the voting process in both chambers.

I believe this is a long-term step forward for crypto in the U.S. It doesn't create an immediate bull wave, but it helps the market stand stronger structurally in terms of regulation.

#CBDC #Bitcoin #Chinhtri #Crypto

Barry Moore's win with over 12 million USD from Fairshake is a clear signal: crypto isn't just a tech story anymore; it's become a real political powerhouse in the U.S.

This hefty spending during the election season helped get a crypto supporter into the Senate, strengthening the lobbying corridor for more crypto-friendly policies. This move reduces long-term regulatory risks for the entire market.

But trading is a different ball game. This news is macro-level, not a signal to FOMO right away. The market was already pricing in this trend. What we really need to keep an eye on are the midterm elections in November and the specific regulations that follow.

A solid step forward for the industry, but risk management is priority number one.

#Bitcoin #Crypto #Chinhtri #Regulation #DYOR