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Deangelo Grauman e6Yj
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Deangelo Grauman e6Yj
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#TrumpBitcoinEmpire President Trump's administration is actively promoting the cryptocurrency industry in the US, aiming to make it the "crypto capital of the world." His media company, Trump Media & Technology Group, has amassed approximately $2 billion in Bitcoin and related securities as part of its treasury strategy, and plans to continue acquiring more. Additionally, the administration recently signed the GENIUS Act into law, which regulates stablecoins and establishes a framework for their widespread use. The Trump family is also involved in other crypto ventures, including a "meme coin" and a Bitcoin mining firm. $SOL $RAD
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Market Overview Bitcoin reached $123,153 on July 16, then consolidated around $118.7K after massive short liquidations ($191M in July). The rally combines institutional momentum with retail FOMO. BTC Smashes ATH Key Drivers • Institutional: Standard Chartered spot trading, Cantor Fitzgerald's $4B SPAC deal • Regulatory: U.S. Strategic Bitcoin Reserve, Arizona state initiatives • Technical: $50B+ ETF inflows, Bitcoin Solaris upgrade (10k+ TPS) Liquidation Surge Trading Analysis • Support: $115,700 • Resistance: $120,500-$122,000 • Indicators: RSI overbought (78.85), bullish MACD crossover • Price targets: $200K year-end (Standard Chartered) • Risks: Bearish engulfing pattern, Vanguard's caution Action Plan • Accumulate near $115K support • Hedge amid overbought conditions • Monitor ETF flows and July 20 Senate debates $BTC $XRP #BinanceHODLerERA #CPIWatch #AltcoinSeasonLoading #BTCWhaleTracker #BTC120kVs125kToday
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