INSUBCONTINENT EXCLUSIVE:
a technical point of view, the Sunday night rally above $120,000 was the result of a futures-market-driven short squeeze that resulted in
present via the Bitcoin ETFs, publicly listed companies actively building BTC treasuries, and an assortment of companies investing in
tariffs, which go into effect on Aug
President Donald Trump managing to convince the US House of Representatives to successfully pass a procedural motion which would allow the
GENIUS stablecoin bill and the Digital Asset Market Clarity Act to proceed to a final vote, a three-month high in spot BTC ETF inflows and
news that Cantor Fitzgerald and Adam Back are on the verge of a SPAC that would result in Cantor Equity Partners receiving up to 30,000
Bitcoin all play a role in boosting sentiment.Related: Three US crypto bills revived after initial failure in House voteOn the Bitcoin daily
chart, explicit confirmation of the inverse head-and-shoulders pattern occurred as price closed above $112,000 on Thursday, and the pattern
Source: Velo DataThis article does not contain investment advice or recommendations
