Bitcoin is below the EMA50 and EMA200 on the four-hour timeframe and is in its long-term ascending channel. There are two ways to look for Bitcoin buying opportunities:
• A valid break of the downtrend line
• Bitcoin reaching the demand range
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and capital management in the cryptocurrency market will be more important. If the downtrend continues, we can buy in the demand range.
Starting Thursday, the U.S. government has launched a new initiative to publish macroeconomic data through public blockchains. The project, implemented by the Department of Commerce in partnership with oracle protocols Chainlink and Pyth, includes six key indicators from the Bureau of Economic Analysis (BEA), such as real Gross Domestic Product (GDP), the Personal Consumption Expenditures (PCE) price index, and final sales to private domestic purchasers.
These datasets will be updated on a monthly or quarterly basis depending on the indicator and, in the initial rollout, have been published across ten major blockchains, including Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. The official statement further noted that the data will also be accessible via networks such as Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Polygon, and Optimism.
To ensure authenticity and immutability, cryptographic hashes of the data are recorded on blockchains. This method is intended as a complementary channel for releasing economic information rather than a complete replacement for existing systems. Major exchanges such as Coinbase, Gemini, and Kraken have contributed by supplying the cryptocurrencies needed to pay transaction fees.
Howard Lutnick, the U.S. Secretary of Commerce, stated: “We have made America’s economic truth immutable and globally accessible. The 3.3% GDP growth is also remarkable.” This initiative is part of the Trump administration’s broader cryptocurrency policy, which supports U.S.dollar-backed stablecoins and promotes the use of blockchain technology to reduce costs and enhance government transparency. In line with this direction, the Government Productivity Department, led by Elon Musk, has also conducted related studies.
Since the beginning of the current year, precious metals have been leading the gains across financial markets. Silver has claimed the top spot with an impressive 32.2% increase, marking the strongest performance over the past eight months. Gold follows in second place with a 29.5% gain; despite its sideways movement in recent months, it still ranks among the best-performing assets. The third position goes to Bitcoin, which posted a 19.2% rise. Without the recent price correction, Bitcoin might have overtaken silver’s leading position. Expanding global liquidity and a roughly 10% decline in the value of the U.S. dollar have been key drivers pushing investors toward hard assets.
• A valid break of the downtrend line
• Bitcoin reaching the demand range
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and capital management in the cryptocurrency market will be more important. If the downtrend continues, we can buy in the demand range.
Starting Thursday, the U.S. government has launched a new initiative to publish macroeconomic data through public blockchains. The project, implemented by the Department of Commerce in partnership with oracle protocols Chainlink and Pyth, includes six key indicators from the Bureau of Economic Analysis (BEA), such as real Gross Domestic Product (GDP), the Personal Consumption Expenditures (PCE) price index, and final sales to private domestic purchasers.
These datasets will be updated on a monthly or quarterly basis depending on the indicator and, in the initial rollout, have been published across ten major blockchains, including Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync. The official statement further noted that the data will also be accessible via networks such as Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Polygon, and Optimism.
To ensure authenticity and immutability, cryptographic hashes of the data are recorded on blockchains. This method is intended as a complementary channel for releasing economic information rather than a complete replacement for existing systems. Major exchanges such as Coinbase, Gemini, and Kraken have contributed by supplying the cryptocurrencies needed to pay transaction fees.
Howard Lutnick, the U.S. Secretary of Commerce, stated: “We have made America’s economic truth immutable and globally accessible. The 3.3% GDP growth is also remarkable.” This initiative is part of the Trump administration’s broader cryptocurrency policy, which supports U.S.dollar-backed stablecoins and promotes the use of blockchain technology to reduce costs and enhance government transparency. In line with this direction, the Government Productivity Department, led by Elon Musk, has also conducted related studies.
Since the beginning of the current year, precious metals have been leading the gains across financial markets. Silver has claimed the top spot with an impressive 32.2% increase, marking the strongest performance over the past eight months. Gold follows in second place with a 29.5% gain; despite its sideways movement in recent months, it still ranks among the best-performing assets. The third position goes to Bitcoin, which posted a 19.2% rise. Without the recent price correction, Bitcoin might have overtaken silver’s leading position. Expanding global liquidity and a roughly 10% decline in the value of the U.S. dollar have been key drivers pushing investors toward hard assets.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.