Breaking Update:

Iran is Launching Ballistic missiles towards U.S targets.

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Michael Saylor Started Buying Bitcoin Again..

Strategy has acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of STRC.

As of today they hold 845,050 BTC and $6.71B of USD Assets..

UPDATE:

85,000 Blocks Remaining Until The Next Bitcoin Halving.

IMPORTANT UPDATE:

-Russia's largest bank Sberbank to accept Bitcoin, Ethereum and USDT as collateral for loans.

-Russian law regulating cryptocurrency officially goes into effect.

-President Trump says he will fill up U.S strategic oil reserves with Venezuelan oil.

-Hyperliquid HYPE in talks with Kraken's parent company to enter US market.

-Trump calls for the Federal Reserve to cut interest rates.

-Jim Cramer says he doesn't see how interest rates can go down now that Kevin Warsh is Fed Chair.

-Coinbase CEO ''Brian Armstrong'' says banks that are against the Clarity Act "don't want competition from crypto companies." "They don't want to have to pay higher rates to their customers."

U.S ISM PMI CAME IN AT 54.6

Expected was 55.2

MARKET UPDATES:

-Market sentiment: Greed

-Index value: 63

-BTC Dominance: 60.08%

-Altcoin season index: 29/100

-Total crypto marketcap: $2.61 Trillion..

-Bitcoin price: $77,600
-ETH Price: $2,430

This Is Huge:

India is now Number 1 in Bitcoin ownership, surpassing U.S.

About 4.6% of India's population, 6.8 crore people now own bitcoin..

Rate Hike Update:

Markets are expecting 68% chance of Rate Hike at the Fed's September 16th meeting..

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BITCOIN UPDATE:

-Recently bitcoin rallied all the way up to $82,000 zone, BTC has sweeped liquidity above the recent highs and now it started to stall..

-Right now BTC is under huge pressure, if price breaks down then the first level that I'm watching is around $75,000 zone.

-If btc losses $75k support then the next strong support will be at $73k to $74k.

This $73k zone is important because it would be the first real test that says whether the breakout had a genuine demand or it was just a squeeze..

-If $73k holds then bitcoin will continue to rally and the targets next will be massive. If the support fails then the next level I'm expecting is around $69,000 - $67,000.

-If breakout happens then BTC might never touch $40k -$50k zone again..

-I'm making detailed video on why I think btc bottom at 40k-50k might not be possible now.. Video coming soon..

BTC Last 24 Update:

-Bitcoin Broke above $82,000 and currently its trading around $80,800.

-$88 Million Longs & $460 Million shorts has liquidated in last 24 hours.

-About $1,35,000,000,000 was added to the crypto market.

-Next Resistance is at $82,800.. If btc breaks this then next target will be around $90,000.

-Strong Support is at $75,700.

Wishing you all a joyous and blessed Krishna Janmashtami..

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