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:My Analysis For Bitcoin For The Coming Week (and more)
🔍 Quick Overview
BTC is hovering around $118,150–118,200, just off its recent all‑time high near $123,000 . While momentum remains constructive, a short-term consolidation near $117,400–118,000 support and $119,500 resistance is forming an Elliott Wave triangle—a setup typically preceding a breakout in either direction .
⛅ Fundamental Context
U.S. regulatory clarity is improving, with the GENIUS Act passed and the Clarity Act advancing—creating a more supportive institutional environment .
The Trump-era Strategic Bitcoin Reserve, along
🔍 Quick Overview
BTC is hovering around $118,150–118,200, just off its recent all‑time high near $123,000 . While momentum remains constructive, a short-term consolidation near $117,400–118,000 support and $119,500 resistance is forming an Elliott Wave triangle—a setup typically preceding a breakout in either direction .
⛅ Fundamental Context
U.S. regulatory clarity is improving, with the GENIUS Act passed and the Clarity Act advancing—creating a more supportive institutional environment .
The Trump-era Strategic Bitcoin Reserve, along
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