$BTC next move is going retest back low level fibonaci (under 64k$)

what this mean?

btc might not change into bearish , but it need takes and visit the support level before it posible continue pump

i ll expect a low level correction today on btc also on alt.

#BTC/USDT ANALYSIS

Bitcoin is facing rejection from the horizontal supply zone and the upper resistance trendline of the rising wedge pattern.

Notably, the price has now broken down from the wedge with strong volume, signaling increasing bearish pressure.

The 100 MA is currently acting as a key support around the $63K level, which could trigger a short-term bounce.

However, the overall structure suggests caution, as sustained weakness below this level may lead to further downside.

Keep a close watch on the upcoming price action for confirmation.

#USDT DOMINANCE ANALYSIS

USDT Dominance is getting rejected from the descending triangle resistance trendline, indicating weakening strength.

The Ichimoku cloud is also acting as a strong resistance barrier above the current price action, adding further pressure.

At this stage, patience is key a confirmed breakout above the pattern or a breakdown below support will determine the next clear directional move.

It’s important to note that USDT Dominance often exhibits an inverse correlation with the broader cryptocurrency market.

My Bitcoin thesis is simple.

The only thing I can currently see making Bitcoin bottom sooner is the passage of the CLARITY Act.

If that does not happen, I think Bitcoin is likely to head lower.

I already have a Bitcoin long from $58,000, which filled at the exact bottom. I will keep this trade open regardless.

Even though I expect Bitcoin to move lower, I do not want to trade around this position completely.

I do not want to risk missing the bear market bottom if Bitcoin bottoms earlier than expected, possibly because of the CLARITY Act.

If Bitcoin does move lower, I have millions of dollars in orders waiting to be filled.

If those orders fill, I will build what will be, by far, the largest Bitcoin long position of my life.

I will also keep my current trade open.

You can pause the video to see all my exact entries. Everything is fully transparent.

Elon Musk's net worth dropped $729 billion since June 16.

That is 57% of the entire Bitcoin market cap.

Absolutely insane.

Crypto Market After Clarity Act Is Approved

Many investors will become rich in Crypto once the clarity act passes.

Will you be part of them?

Truly incredible.

CZ sold his $900,000 apartment and went all in on Bitcoin in 2014.

He survived the Terra Luna collapse, the FTX crash, the October 10 meltdown, and every crisis in between.

He turned $900,000 into hundreds of millions.

Bitcoin bear markets typically last around 12 months.

We’re now nearly 10 months in, which means there may be only 2-3 months left.

You’ve survived almost all of it. This is not the time to give up.

Russia. Japan. South Korea.

All moving forward with crypto regulation.

What is the U.S. waiting for?

Pass the Clarity Act, send our bags to Valhalla. 🚀